Banner Bank Commercial Online eGuide

24

Security

Patch software in a timely manner. Software vendors regularly provide patches or updates to their products to correct security flaws and improve functionality. Passing up a software patch could put your computers at risk of unwanted intrusion. Unpatched software can provide entry to viruses and malware developed specifically by cyber criminals to exploit such weaknesses. Pay close attention to bank accounts and watch for unauthorized withdrawals. Put in additional internal controls, such as confirmation calls before financial transfers in Commercial Online are transacted. If not using Positive Pay, review account activity daily to ensure you have adequate time to request the return of an unauthorized transaction. Use Security Alert features in Commercial Online. Security Alerts are available in Commercial Online to help you track unusual account activity. Ex. Balance Alerts can tell you and other users when an account balance goes below a target amount, indicating unauthorized activity may have occurred. You can choose to be alerted when transactions over a certain dollar amount are occurring in an account, especially when those dollar amounts would be unusual, another indication that further investigation of the account activity is warranted. Don’t forget about tablets and smartphones. Mobile devices can be a source of security challenges, especially if they hold confidential information or can access your business’s network. Of special concern is allowing employees to access Commercial Online functions using their personal devices. Although convenient, it does add additional risk. Watch out for fraudulent transactions and bills. Scams can range from payments with a worthless check or fake credit or debit card to fraudulent returns of merchandise. Make backup copies of important systems and data. Regularly backup the data from computers used by your business. Better to be safe than sorry. Education is key. To learn more about protecting your business, visit bannerbank.com and click on the Business Solutions/Services/Fraud Prevention tab to access important publications.

Security: Protecting Your Information