CBWY Blog

Avoid falling victim to fraud. With our world’s reliance on technology, it’s important to keep yourself informed of the latest cyber scams. Chances are, you’ve already been a target of a cybercriminal or fraudster. One common type of fraud is referred to as Social Engineering. 

Social engineering is a technique used to manipulate a victim into disclosing information or taking a specific action. Fraudsters will communicate with an intended target by saying they are from a trusted organization or financial institution.  They may even impersonate someone the target knows.

While consumers are constantly bombarded with electronic ads, and the dangers of online scams, the average buyer has evolved and will research before signing the dotted line. Other lending and insurance marketers have resorted to purchasing consumer information to seem legitimate.

Here are some tips to help you stay safe while using mobile banking.

• Download official banking apps only
• Use strong passwords and biometrics
• Enable two-factor authentication
• Keep your device updated
• Avoid public Wi-Fi networks
• Monitor your accounts regularly
• Only pay people you know

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.

Located conveniently in your NebraskaLand Bank app, Zelle® enables you to send and receive money with friends and family, wherever they bank in the U.S. Follow these easy tips to use Zelle® safely:

1. Only send money to those you know and trust

2. Beware of payment scams

3. Treat Zelle® like cash

Over the past few months, criminals have developed a new set of fraud schemes in an attempt to profit off the pandemic crisis. We want to share some of the specific tactics we have seen to help you spot the signs of pandemic-related fraud. At Commerce Bank of Wyoming, we take protecting your personal information very seriously. We are committed to providing you with the tools, tips and resources you need to keep your information safe and secure.

Now that the holiday season is over a new season begins- tax season. Whether you are ready or not tax identity thieves and IRS imposters are.  We want to educate you on what tax identity theft is how IRS Imposters target you, as well as give you tips to start fighting tax identity theft right away. 

It seems like every day there is a new headline about a security breach that affects millions of consumers, and with new scams emerging like phishing, smishing, vishing, skimmers, card cracking- it’s enough to make your head spin. As your trusted financial institution, we want to make sure you understand these security risks and how we partner with you to help prevent fraudulent activity.  In this article, we will focus our attention on compromised debit cards.

As many are most likely aware of, millions of Americans have recently been impacted by the recent Equifax data breach. Should you be concerned? Whether or not your personal information has been stolen, there are a few steps that you can take in order to protect yourself and your credit.

Computer security is more important than ever before. The more time you spend on your computer, the more likely you are to encounter some sort of malicious computer virus or scam. Some of these scams ask for your information under the guise of a legitimate company, or tell you that your computer is infected and that you need to click on a link to fix it. Best practice: Do NOT click on any unfamiliar links.