Security

The number of people falling victim to bank scams has continued to rise over the past few years and shows no signs of really slowing down. In 2021 alone, the FTC estimated that consumers lost 5.8 billion dollars to fraud, which was an increase of over 70% from 2020 numbers. The numbers are even more staggering for businesses, estimating that, globally, companies lose about 5% of their total revenue every year due to fraud. Here at Park Bank we want to make sure that you are well educated on what...

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Watch the video to learn the latest tips from our Vice President - Information & Cyber Security Jeff Kurek

As scams become more prevalent, they are also more sophisticated, making them harder to detect. Scammers employ what is known as “social engineering” to manipulate people into revealing sensitive information.

It’s all about the psychology of persuasion. These scammers take advantage of human nature, aiming to lower your defenses so you’ll act on impulse rather...

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You’ve probably heard of phishing. But do you really know what it is - and more importantly, how to protect yourself from falling victim to it? Phishing scams have become very sophisticated, but there are some simple things you can do to protect yourself and keep your personal information safe.

Let’s start with a basic description: Phishing is a type of scam where an attacker sends a fraudulent message to trick you into revealing sensitive...

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Visualize yourself in these two scenarios.

You’re working from home and an email from “your boss Sheryl” hits your inbox with a subject line: “Address”.

It looks authentic – you open the email.

It states: “Hi, please reply with your home address. I will be sending you a gift card for all your hard work.”

Wonderful! Some...

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The Oregon Trail. Carmen Sandiego. Minesweeper.

More than 20 years ago, a kid really couldn’t get into much trouble on a computer. For youngsters, the computer essentially served as an electronic hub for gaming and learning.

Today, a large percentage of American children between the ages of three and 18 have access to home internet. The built-in vulnerability of youth combined with the ease of access makes kids an easy target for cyber criminals.

Here are the...

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Did you know some fraudsters work full-time to steal money? We want to keep you safe from the scams, such as some of the latest ones involving Zelle®.

Remember, when it comes to sharing personal information with Park Bank, only provide info if you’ve called us directly. Don’t share sensitive information after you pick up a call, receive a text message or open emails appearing to come from Park Bank. 

Here...

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Cybersecurity is essential for any business, but even more important for nonprofits that are handling not only monetary donations but also donors’ private information. With more than 80% of nonprofits lacking a strategy to deal with cyber attacks and 56% not enforcing multi-factor authentication (MFA), most nonprofits are leaving themselves vulnerable.[1]

Cybersecurity Framework

The US National Institute of Standards and Technology (NIST)...

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October is Cybersecurity Awareness month. And with the evolution of people working or attending school from home, online streaming, shopping, and more, as your financial partner, we also need to talk about the evolution of online safety.

Some important things to consider as you “boot up” …

Attackers often take advantage of the media attention around events like the current COVID-19 situation, so it’s a good idea to be extra vigilant in keeping your information safe.

“There is likely to be an increase in phishing attempts, with efforts to use the coronavirus to motivate...

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