Dear Parkside Clients:

To protect the confidentiality of your personal account information contained in future electronic mail, Parkside Financial Bank & Trust will be sending emails that contain protected client information through Parkside’s secure email system.  This system uses encryption to protect your information from being viewed by someone else as it is transmitted across the Internet. 

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The FBI is warning the public of coordinated malware and denial of service (DDoS) attacks designed to drain bank accounts, while also launching a DDoS attack. The responsible crime ring steals banking credentials using Zeus variant “Gameover” malware, while also launching a distributed DDoS attack on the victim’s financial institution as a diversion. Continued…

1. Geolocation madness

Europe has quickly caught on to the perceived invasion of privacy that location services pose on mobile device users. The U.K,’s Data Protection Act sets limits on location data collection. A person’s location in the U.K. can only be traced to the physical address of their Internet service provider. Many European Union countries have privacy laws in place regulating how Google, Yahoo and other tech firms can tag the location of individuals to provide relevant location-based content. Continued…

The Federal Reserve Bank has confirmed that there currently are fraudulent emails circulating claiming to be a public service announcement jointly distributed by the Federal Reserve Banks Compliant Center (IC3) and the National White Collar Crime Center (NW3C). Continued…

A Best Practice Strategy to help reduce the security risks for your organization Continued…

Criminals all around the world are targeting U.S. businesses to steal online banking credentials and confidential information. Criminals target all sized businesses, no matter how small. Continued…

1. Protect Your Personal Information
   • Don’t carry your social security card,
   • If asked to provide it—ask the person what law required you to give your number and what happens if you refuse.
2. Protect Your Documents
   • Shred your confidential trash with a cross-cut or diamond cut shredder.
   • Don’t leave outgoing mail with personal information in your mailbox for pick-up. Continued…

Physical Security

• Take stock of what personal information you have. Keep only what you need for your business.
• Records you need should be protected by layers of security. All layers, including outer building, inner office and record storage areas should be secure from unauthorized entry.
• Protect digital media with the same secure safeguards as physical records.
• Personal information inside a business should be protected during regular hours if the area is not monitored. Continued…

The Internal Revenue Service is warning taxpayers to be on the lookout for a widespread scam targeting church congregations and civic groups.

IRS spokesman David Stell said Tuesday the new scam is aimed at getting unsuspecting taxpayers to fill out illegitimate claims for IRS refunds or tax credits and to pay the scammers for filling out the fraudulent paperwork. Continued…

NACHA has been the victim of sustained and evolving phishing attacks in which consumers and businesses are receiving emails that appear to come from NACHA. The attacks are occurring with greater frequency and increased sophistication. Perpetrators are sending these fraudulent messages to email addresses globally. Continued…