Security
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Protecting Older Americans Against the Top Scam: IRS Impersonations
June 27, 2018
Categories: Cyber Security, Retirement, Security
No age group is immune to scams. It can happen to any age group, income level and gender. Scammers are no respecter to persons when it comes to getting your money. However, seniors should be protective of their finances, as they are more likely to have significant life savings and great credit. They also may be unsure of who to report fraud to, or don’t out of shame. This makes them a great target for scams. Unfortunately, the top scam among older Americans is IRS Impersonations. Why IRS
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The Digital Age: Social Media Security for Parents
February 27, 2018
The rise of digital communication has been a tremendous benefit to all ages. It has changed the way we communicate and the expanse of who we communicate with. With all of the doors this technology has opened, it has created an increasing burden on parents to shelter and protect their kids in ways they’ve never had to before. Nearly 75 percent of teens have or have access to a smartphone and 92 percent go online daily. 71 percent utilize more than one social networking site.
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Cyber Security 101 - Learning the Basics to Keep Yourself Protected
December 20, 2017
Categories: Cyber Security, Security
Welcome to Cyber Security 101. Grab your pen and paper, it’s time to take some notes about cyber security! While there won’t be a test at the end, there are real-world consequences to disregarding your online security. You wouldn’t want your personal information in the hands of the wrong person. With so much to think about, you’re probably wondering where you’re supposed to start. Luckily for you, Bank of Louisiana is here to school you in all things cyber security. Careful
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4 Ways You Can Budget With an Irregular Income
December 13, 2017
Categories: Personal Finance, Savings, Security
If you work sales, freelance or are self-employed, you have a major issue to contend with when it comes to personal budgeting—an unpredictable income. While this can make it hard to plan your monthly spending, it’s not completely impossible. Today, Bank of Louisiana would like to offer you these tips to budgeting on an irregular income: 1) Calculate the Bare Bones. These are the minimum expenses you need to cover every month, usually in the form of
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Cybersecurity; The Effect of Human Error
July 12, 2017
Categories: Cyber Security, Security
One of the most dangerous presumptions you can make about cyber-attacks is that it could never happen to you. While we all hope it will never happen to us, the truth is that it could. To help prevent incidences such as these, we can take a glance at some recent large scale attacks and understand several lessons from what went wrong. One of the largest publicized attacks occurred in 2013 when Target’s point of sale system was breached. Unfortunately, Target later learned that the
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10 Steps to Keep Your Identity Secure
June 28, 2017
Categories: Cyber Security, Security
It may seem like protecting your personal information is just one more thing to add to the to-do list, but being proactive now could save you a mountain of work later. At Bank of Louisiana, we believe your identity is the most precious thing you have. To help you keep it safe, we offer the following steps to help you keep it as secure as possible. Check your credit score. By looking at your personal credit report each and every month, you can catch any potential errors as soon as they occur
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How to Tell if a Call is a Scam
May 17, 2017
Categories: Cyber Security, Security
Often times, phishing calls can come off as friendly or even helpful, however, in many instances the caller is malicious and intends to compromise your personal information. Bank of Louisiana wants to help you avoid situations like these, and offers the following key prompts to help you identify a fraudulent caller. Keep these five points at the top of your mind the next time you’re wary of an unknown caller: The matter is deemed extremely urgent by the caller. The biggest and
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Preventing Phishing Schemes Over the Phone
November 30, 2016
Categories: General, Personal Finance, Security
As technology continues to advance, so do the tactics of many criminals. If you hear the classic attention-getter, “You’ve been selected as a winner…” chances are you know the call is a scam. However, nowadays people are receiving forged calls from loved ones, and corporations they currently work with, so how do you spot a fake call in 2016? Our staff at Bank of Louisiana would like to share these key signs to help you flag potential false calls: Signs of a Scam Many
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True or False: Catch Me if You Can
November 2, 2016
Categories: Business Banking, Security, Small Business
Starting in 1963, Frank Abagnale began his criminal career. Made famous from the film, Catch Me if You Can, this mastermind of forgery made a name for himself at a young age by impersonating pilots, lawyers, and doctors. Throughout these impersonations, Frank found new and inventive ways to defraud the United States and at least eight other countries. When he was captured at age 21, he had defrauded multiple nations upwards of $1.3 million dollars. After serving five years of his twelve year
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How To Protect Your Finances During Vacation
September 22, 2016
Categories: Security
Across the pond, there are so many new adventures, and exciting memories to be made. Keep your finances safe as you venture away on your next vacation, and stick to these top travel tips courtesy of Bank of Louisiana: 1.Pack Lightly This is true with both your personal luggage AND your pocketbook. Carrying more than you need, or plan to use is just a waste of space! Instead of safeguarding all your cards and cash in your billfold, keep a good portion back in your hotel safe. This way if your
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