Security

What is identity theft?

Identity theft occurs when someone uses your personal information to commit fraudulent acts, such as withdrawing money from your account, opening new credit cards or applying for loans or employment.

Common signs of identity theft include:

Unauthorized withdrawals from your account. Bills for unfamiliar debt or failure to receive bills. Suspicious charges on your account. New accounts or loans you didn’t apply for. Being denied credit unexpectedly. The IRS notifying you that more than 1 tax return was filed in your name, or that you have income from an employer you don’t work for.

Recommendations:

• Review your statements for unusual transactions or suspicious charges.
• Make the default ID for your internet router unique to you; change the password to make it more difficult for
  hackers to access your network.
• Be sure to keep your contact information secure, especially your cellphone number and email address.
• If you use the Bradesco Bank/My-eBanc Mobile Banking app, allow push alerts and be sure to review and respond to alerts promptly.

• Use a strong, unique password for each of your accounts. Memorize them and use multi-factor authentication where available.
• Only download software or applications from well-known or reputable sources, such as Apple, Google Play or Microsoft. Check the logos, developer names and reviews to spot fake applications. Scammers count on users being too busy to see differences that can make fake software easier to spot.
• Install system and software updates – sometimes called patches or service packs.
• Turn off Wi-Fi and Bluetooth services when you’re not using them and avoid using public Wi-Fi for financial transactions unless you use a secure, private connection, like Virtual Private Network (VPN) software.
• Back up your data regularly. If you use online or cloud storage, be sure you understand your provider’s privacy and security policies and keep your access codes safe.

• If you use the Bradesco Bank/My eBanc Mobile Banking app, allow push alerts, and be sure to review and
  respond to alerts promptly.
• Only download software or applications from well-known or trusted sources. Never click a link from an unknown source or sender.
• Install system and software updates – sometimes called patches or service packs.
• Only download software or applications from well-known or reputable sources, such as Apple, Google Play or Microsoft. Check the logos, developer names and reviews to spot fake applications. Scammers count on users being too busy to see differences that can make fake software easier to spot.
• Turn off Wi-Fi and Bluetooth services when you’re not using them and avoid using public Wi-Fi for financial transactions unless you use a secure, private connection, like Virtual Private Network (VPN) software.
• Never root or jailbreak your own mobile device to gain access to unofficial applications. This practice may lead to security vulnerabilities and the inability to apply future software updates from the vendor.

Business identity fraud has become surprisingly common due to easily available business information, including website data, company name and staff rosters.

What is recommend doing:

• Minimize the risks by using your work computer for business, checking your domain name regularly and reviewing your business credit report.
• Know your customers’ habits, including their payment amounts, reasons, and details. Look out for any significant changes to those habits – they might signal a fraud issue.
• Ensure all business data is securely and regularly backed up. Test the recovery function of your backup procedures regularly to make sure your data is always retrievable.
• Develop a plan for cybersecurity and fraud disaster recovery.
• Engage a trusted advisor to review your security controls and policies on an annual basis, at minimum.