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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.

Business Security
 

The National Cyber Security Alliance has 5 steps to Better Business Cybersecurity Guide:

1. Identify

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.

  • Document assets

  • Determine location

  • Locate all key data

2. Protect

3. Detect

4. Respond

5. Recover

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
 


Fraud Tips

• Office Security

  • 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.

• Account Security

• Card Security

• Losses

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

NOTICE: Information and content provided are general in nature and for informational purposes only. Such information and content are provided as a convenience to you. Starion Bank makes no warranties, and bears no liability for your use of the information and content. Starion Bank does not endorse, and is not responsible for, the information, content, links, privacy policy, or security policy of any non-Starion Bank website links provided. The information and content made available to you are not intended, and should not be construed as legal, tax, or investment advice, or a legal opinion. You should contact your legal, tax, and/or financial advisors to help answer questions about your specific situation or needs prior to taking any action based upon the information and content.

Starion News

Starion Bank awards scholarships

Starion is committed to providing opportunities for our employees, as well as our employee's families. One way we are able to do this is through our Dependent Scholarship Program. The scholarship program is open to all children of Starion employees who have been employed for one year and who will be graduating high school this year or are current college freshman-juniors, and will be attending college for the 2020-21 academic year. Starion has chosen Faith Wahl, Hunter Heinle, and Taylor Fix, all who are from Mandan, as this year's winners of the $500 scholarship.

Fri. Jun 19 2:06 PM Read more...

Starion Bank awards $500 FFA scholarship

Starion Bank has awarded Megan Rodine, an Oakes High School (OHS) graduate, with a $500 scholarship
to support her pursuit of a degree in agribusiness. This scholarship was open to any FFA student planning
to pursue a degree in an agriculture related field. Of our many applicants, Rodine was chosen based on
her successes and accomplishments directly related to this scholarship.

Fri. Jun 12 2:06 PM Read more...

Starion Bank awards Oakes HS graduates scholarships

Starion Bank has awarded two Oakes High School (OHS) graduates, Claire Wagner and Nicole Schmitz,
with $500 scholarships in support of their pursuits of higher education. This scholarship was open to all
students, and the applicants were evaluated in a variety of areas including leadership, community
involvement, and future career goals and plans. Of our many applicants, both Wagner and Schmitz
displayed a great amount of excellence and promise in all of these areas.

Fri. Jun 12 2:06 PM Read more...

Starion Bank awards Bottineau graduates scholarships

Starion Bank has awarded Ashley Spence, a Bottineau High School (BHS) graduate, and JayDen
Hanson, a Mohall-Lansford-Sherwood High School (MLS) graduate, with $500 scholarships to
support their pursuits of higher education. 

Fri. Jun 12 2:06 PM Read more...

Starion Bank awards $500 scholarships

Starion Bank is proud to award two Ellendale High School graduates, Taylor Krege and Isaiah
Reis
, with a $500 scholarship to support their endeavors pursuing a higher education. This
scholarship was open to any student and the applicants were evaluated in a variety of areas
including leadership, community involvement, and future career goals and plans. Of our many
applicants, both Krege and Reis displayed a great level of excellence and promise in all of these
areas.

Fri. Jun 05 6:06 PM Read more...

Starion mortgage banker named top 1% in nation

Starion Bank mortgage banking supervisor Kassy Landis was named to the Mortgage Executive Magazine’s Top 1% of Mortgage Originators in America list for the third time.

Mon. Mar 30 4:03 PM Read more...

More News >>

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