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
Heydt graduates from GSBC
Steve Heydt, retail banking, vice president, at Starion Bank
Mon. Aug 06 9:08 PM
Starion hires Musland
Starion Bank has hired Cody Musland as business banking officer, vice president, at the bank’s Ellendale branch. In this position, he partners with business and agriculture customers find proper financing, leasing and other banking products to fit their needs. Musland maintains customer relationships and loan portfolios as well as develops new customer relationships.
Fri. Jul 27 8:07 PM
Starion Bank awards scholarships
Starion Bank has awarded scholarships to Taylor Helgeson, Shelby Musland and Makenzie Wertz. The scholarship competition was open to children of Starion employees who will be attending a college, university, community college or technical school for the 2018-2019 school year.
Thu. Jul 26 8:07 PM
Starion Bank hires Stoneman
Starion Bank has hired Denyse Stoneman as a mortgage banking officer in Sun Prairie. As a mortgage banker, Stoneman works with customers to finance new home purchases, refinancing, new construction and other home loans. She works with customers to identify the appropriate mortgages to fit individual needs, guiding customers from the qualifying process through closing. Stoneman has been in the mortgage industry for 17 years. She studied business management at University of Wisconsin–Stout and is involved in a variety of professional organizations including the Business and Professional Women, Madison Area Builders Association and other mortgage-related groups.
Mon. Jun 25 6:06 PM
Starion promotes Steidl
Starion Bank has promoted Fargo banker Ashley Steidl. She now serves in the position of universal banker III, building new and maintaining existing customer relationships, opening personal and business accounts, processing personal loans and preparing related documents. In addition, she supervises the retail team at the South University Drive branch.
Fri. Jun 22 3:06 PM
Sustainability in action
The power generation from this array of panels is expected to be about 50% of the power for the building over a 12-month period, reducing the building’s carbon footprint by 40%. The panels are optimized so that if one goes out the others will continue to function. In addition, on days the bank is closed, depending on the weather, it may produce some electricity that will go back into the grid.
Wed. Jun 20 2:06 PM
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