CBWY Blog

Credential stuffing is a type of cyberattack where cybercriminals take large databases of usernames and passwords, often stolen through recent data breaches, and attempt to “stuff” the account logins into other web applications using an automated process. Such attacks are common, as 63% of the data compromised in social engineering attacks were login credentials.

In this newsletter Mike explains the effects of the stimulus checks on our current economy.

Do you know how to pick the best savings options for you? Are you familiar with IRA's?

For the fourth year in a row, we have been listed as one of the Best Banks to Work For in 2022. American Banker and Best Companies Group recognizes and honors banks in the U.S. for outstanding employee satisfaction.

Reinvest in our community this holiday season by making the commitment to shop local.  Local merchants have been preparing all year to have great selections for you and your family this holiday season. From a pair of cute earrings from Mack&Co to a bottle of Bourbon at Gateway Liquors we've got you covered!  Our Shop Local Holiday Gift Guide 2022 will help make it easier for you to find the must have holiday items from local merchants that will cover everyone on your holiday gift list.  

Companies often claim that their employees are their greatest asset. Another valuable asset is the data that those companies collect about their employees, customers and vendors. Every business should be helping to ensure their staff understands the value of data and the importance of protecting it. Continuous education programs can help safeguard your employees’ confidential information and protect against the cyberattacks and data breaches that can lead to financial damage, fraud, and identity theft. Embedding helpful reminders and security best practices throughout employee and customer communications is an ongoing process.

Cybersecurity attacks on owners and employees at small and medium sized businesses are increasing at an alarming rate. These attacks can result in significant business disruption and substantial monetary losses. A staggering 95% of cybersecurity breaches are due to human error. The good news is fraud can be prevented with proper training. That’s why Commerce Bank of Wyoming is providing this free virtual training for you and your employees. A well-trained workforce may be your best defense against fraud and data breaches.

Playing with your grandkids, sipping mai tai’s from the beach, volunteering for your favorite cause; retirement looks a little different to everyone. No matter what your retirement goals are, an Individual Retirement Account (IRA) can be a great investment option, especially if you don’t receive a 401(k) plan through your employer. Plus, obtaining an IRA is easy! If you’ve earned taxable income this year, you’re eligible!

In our Fall Newsletter Mike shares his knowledge on inflation patterns in the economy. 

Need to transfer to and from other banks? We have a simple solution. 

Looking at the fiscal year, have you thought about an HSA for you or for your employees? 

Every day, thousands of people fall victim to fraudulent emails, texts and calls from scammers pretending to be their bank. And in this time of expanded use of online and mobile banking, the problem is only growing worse. In fact, the Federal Trade Commission’s report on fraud estimates that American consumers lost a staggering $5.8 billion to phishing scams and other fraud in 2021—an increase of more than 70 percent over 2020.

Spell check is a feature used by countless people in their everyday typed communication.  It’s accuracy ensures the number of typos in your documents decrease; this allows people to type with ease.  Most people install spell check extensions to make sending emails and writing papers faster.  However a new study shows that spell check extensions on your browsers are collecting your personal information, such as username, email, date of birth, Social Security number, and passwords essentially Spell-Jacking your information.