At Bank of Edmonson County, the security of your accounts and assets are extremely important to us.
Whether it is the security of our offices, our computer networks and programs or your online banking experience, we strive to ensure that your information and money are secure. Follow the helpful links below to learn about identity theft and fraud, get alerts of possible scams, find contact information to report your debit card lost or stolen and to learn more about how you can help protect yourself.
Ransomware is a type of malicious software (malware) that freezes your computer or mobile device until a sum of money is paid. It can destroy personal and business files, leading to stolen data and large financial losses.
- Ransomware attacks— especially those that target small businesses—are evolving in complexity and are on the rise.
- All devices are vulnerable, but more and more mobile attacks are being reported.
- $209 Million collected by criminals in the first quarter of 2016.
- A projected $1 Billion + in losses from ransomware attacks in 2016 alone, according to the FBI.
- Ransom fees vary, from $200 – $10,000.
Ransomware targets a specific individual within a business, or a consumer with a link or attachment that infects your computer with malware or leads you to an infected website. Three ways ransomware can take shape are:
Spear phishing emails
- The sender appears to be someone you may know or someone relevant to your business.
- The message is often personalized, and may include your name or a reference to a recent transaction.
Advertisements or pop-up windows
- Your computer freezes, and a popup message appears.
- The message may threaten a loss of your files or information, or may also tell you that your files have been encrypted.
- Ransomware is also present in downloadable games and le-sharing applications.
Once the PC is infected, your files are encrypted and inaccessible. The fraudster demands a ransom payment in order to unlock them.
- Always back up your files and save them offline or in the cloud.
- Always use antivirus software and a firewall. Be sure they are set to update automatically.
- Enable popup blockers.
- Don’t click. Be cautious when opening emails or attachments you don’t recognize—even if the message comes from someone in your contact list.
- Only download software from sites you know and trust.
- Alert your local law enforcement agency as soon as you encounter a potential attack.