Use these resources and information to help protect yourself.
Identity theft
40 Days. That's the average time it takes consumers that are not digitally connected to detect fraud.*
That fraud often results in identity theft, the deliberate use of someone else's identity. It is usually a method to gain a financial advantage or obtain credit and other benefits in the other person's name.
To stay connected and aware of activity in your accounts, sign up for ONB Online and Mobile Banking solutions. You can activate and customize the account activity alerts that mean the most to you, such as account balance notifications and high dollar transactions.
*2017 Identity Fraud Study, Javelin Strategy & Research
How to spot identity theft and what to do if you're a victim:
The #1 lure used in phishing scams is fake invoice messages.
Phishing is when scammers attempt to obtain sensitive information (user names, passwords, bank account information, credit card details, etc.), by disguising themselves and their requests as a trustworthy source – most commonly via email.
Phishing attempts may appear to come from a variety of trusted sources, such as a store you shop at frequently, a shipping company or even a person you communicate with regularly. The bad guys are clever, so it's important to be prepared.
Security researchers report someone is attacked with ransomware every 10 seconds.
Ransomware is a kind of malware that locks the data on a victim's computer, typically by encryption. Monetary gain is almost always the motive for ransomware attacks and, unlike other types of attacks, the victim is usually notified about what has happened and is given instructions on how to recover from the attack.
A ransom payment is demanded before data is decrypted and access is returned to the victim. Often the ransom payment is required to be paid in virtual currency (i.e. bitcoin), so the cybercriminal's identity remains anonymous.
Unfortunately trends show this type of attack continues to be on the rise.
