The Built for Better Banking Newsletter - Sept. 2023

Union State Bank News & Events

Kurtz Named Executive of the Year by Business Journal


Union State Bank President and CEO Eric Kurtz has been named an Executive of the Year for 2023 by the Wichita Business Journal. Kurtz is one of 29 executives who will be recognized for their outstanding leadership in the November 10th print edition of the journal, and at a luncheon on November 13th.


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USB Offers Free Fraud Protection for Debit Card Customers


Fraudulent activity can strike anyone, at any time. At Union State Bank, your account security is our highest priority. We monitor debit card and ATM transactions for suspicious activity 24-hours a day through EnFact, an intuitive fraud detection program. In addition, USB customers can monitor and manage their cards directly with the CardValet® mobile app.


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KASASA Blog:

Financial Health Check Tips for Every Age

 

While some financial health checks should happen continuously throughout your life, like protecting your credit and monitoring your bank account balance, other financial services make more sense at different times throughout your life. You should practice financial fitness for every stage of your life.



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Online Security Tip: Online Gaming

The world of online gaming is a vast and exciting one, offering players the chance to embark on epic adventures, compete with friends and strangers, and explore immersive virtual worlds. However, as with any online activity, there are risks involved, it's essential to stay vigilant and protect yourself from potential cyber threats. Here are a few tips to stay safe while enjoying your favorite video games.


Beware of Free Game Downloads - One of the most common tactics employed by cybercriminals is enticing gamers with the promise of free downloads for popular video games. They often create counterfeit versions of these games and distribute them through unofficial sources. These seemingly harmless downloads can contain malicious files designed to compromise your device's security. Malware is frequently hidden within these counterfeit game files. Once downloaded, this malware can silently install additional malicious software on your computer without your knowledge or consent. This opens the door for cybercriminals to monitor your computer activity and, worse, steal your sensitive information, including bank details and login credentials. Always think before you click. Never download files from unverified sources.


Phishing for Profit - In many video games, players have the opportunity to use real money to purchase digital credits or in-game currency. These virtual funds can be exchanged for special in-game items and gear. Unfortunately, this also makes gamers prime targets for cybercriminals looking to profit from their hard-earned items. Phishing emails are a common technique used by cybercriminals to steal login credentials. They craft convincing emails that appear to come from legitimate sources, such as the game developer or publisher, and request your login information. Once they have access to your account, they can transfer your valuable in-game items to their own accounts, where they can sell them to other players for real money. Be cautious of phishing attempts. Verify the authenticity of any email or message requesting your login details. Legitimate game developers and publishers will never ask for your login information via email.


Enable multi-factor authentication (MFA) - Whenever available, activate MFA on your gaming accounts. MFA adds an extra layer of security by requiring you to provide additional verification, such as a one-time code sent to your mobile device, to log in.


By taking these precautions, you can enjoy your gaming adventures with peace of mind, knowing that you've taken steps to safeguard your online safety and security. Stay safe, stay smart, and game on!


For additional information about online scams and cybercrime visit our website: https://www.myunionstate.bank/services/mobile-and-online-banking/online-security-tips

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Please Report Scams


If you spot a scam, please report it to the Federal Trade Commission.

• Call the FTC at

1-877-FTC-HELP

(1-877-382-4357)

or TTY

1-866-653-4261.

• Go online: ftc.gov/complaint


Your report can help protect other people. By reporting fraud, you can help the FTC’s investigators

identify the scammers and stop them before they

can get someone’s hard-earned money. It really makes a difference.


Information provided courtesy of Federal Trade Commission. FTC.gov/PassItOn

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