Protect Your Business
When it comes to fraud, businesses are just as much a target as consumers. Many companies have sensitive personal information in their files (e.g. names, Social Security numbers, credit card, or other account data) identifying customers or employees. This information is often used to fill orders, meet payroll, or perform other business functions. If this data is stolen, it can lead to fraud, identity theft, or other concerns.
Security breach costs can go beyond the financial, and may include losing customer trust which undermines your businesses reputation, or even defending yourself against lawsuits. Keeping private information safe is good business. In this section, we provide suggestions to help you protect your business from fraud.
The National Cyber Security Alliance has 5 steps to Better Business Cybersecurity Guide:
Take inventory of key technologies you use and know what information you need to rebuild your infrastructure from scratch. Inventory is the key data you use and store and keep track of likely threats.
Locate all key data
This 5-step approach follows guidance from the "Framework for Improving Critical Infrastructure Cybersecurity." For additional resources please visit: http://www.bbb.org/cybersecurity; http://stopthinkconnect.org/; https://www.us-cert.gov/ccubedvp
Protect all accounting documents by locking away check stock, signature equipment, invoices and critical account information.
Monitor your employees. Screen new hires carefully and train them accordingly. Separate accounting responsibilities, making payables and receivables processing different work positions.
Monitor the movement of employees, vendors and contractors in and out of your offices.
If you have any questions or concerns about the possibility of fraud, please contact your banker
or customer service.
Disclaimer of Legal, Tax, and/or Financial Advice
Starion Bank awards scholarships
Starion Bank has awarded scholarships to Seth Baumann, Faith Wahl, Makenzie Wertz and Ethan Zetocha. The scholarship was open to children of Starion employees who will be attending a college, university, community college or technical school for the 2019-2020 school year. Each student will receive $500 toward their higher education pursuits.
Tue. May 21 4:05 PM
Starion Bank awards FFA scholarship
Erich Scheffert, a senior at Oakes High School, was awarded the Starion Bank FFA scholarship at the FFA banquet on April 14. Anthony Bruhn, Starion business banking officer in Oakes, presented the award.
Fri. Apr 26 4:04 PM
Starion Insurance promotes English
Starion Insurance has promoted Lyneé English to insurance agent in Oakes.
English joined Starion in 2017 as an insurance sales assistant and has proven to be a valuable asset and partner to both Starion Insurance and Starion Bank clients. In her new role, English will work with customers to find the best insurance options for their individual needs. She is licensed in property and casualty, and will have licensing in life and health this spring.
Tue. Apr 23 10:04 AM
Starion Bank promotes Bundy
Starion Bank has promoted Heidi Bundy to business banking representative at the Rolla branch. In this position, she provides business support to new and existing customers; offers administrative, sales and service support to business bankers; and works on special projects. Bundy first joined Security State Bank in April 2009. Starion acquired Security State Bank in October 2011 and she stayed on board as a customer service representative in Dunseith. In 2018, she became a Universal Banker I.
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Starion Bank donates to Trinity Bible College endowment
Starion Bank, in a commitment to the long-term success of Trinity Bible College and Graduate School, has presented its first $20,000 donation to the school’s endowment fund. Starion has committed to donating a total of $100,000 to the endowment.
Wed. Mar 27 6:03 PM
Hendrickson joins Starion Bank business banking team
Reed Hendrickson has joined the Starion Bank business banking team as a business banking officer at the downtown Bismarck branch. In this position, he works with new and existing commercial customers to develop and manage loan portfolios by advising on business management, financial matters and other Starion services. A Bismarck native, Hendrickson has a strong background in financing and customer service. He studied at Bismarck State College and Bemidji State University.
Mon. Mar 25 7:03 PM
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