Money Tip Monday

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Endorsements and Email and Wi-Fi, OH MY!


It is the month of pumpkin spice, falling leaves, spooky things…..and Cybersecurity Awareness. As you go about your online activities and gear up for the 2020 holiday season, there are a few steps you can take to stay safe online. Raritan State Bank wants you to remember:

Remote Deposit Endorsement requirements protect you.

Online banking is a convenient service and with this paperless platform, there are a few additional steps you may have to take when making a deposit.

Why can’t you just sign your name and submit? Including the bank name, account number and specifying a check is “FOR REMOTE DEPOSIT” ensures that checks are not inadvertently deposited more than once by an endorser.

Be careful what you share!

Phishing is real.

Phishing is the fraudulent practice of sending emails purporting to be a reputable company to try to get the receiver to reveal personal information.

If you get an email asking for personal information, make sure the sender is who they say they are. If there is any doubt, THROW IT OUT!

Keep your software up-to-date.

Install updates as they are released from the software vendor.

Upgrade or get rid of technology that is no longer supported by the maker of the software product.

In a smart world, don’t forget your smart devices!  Your router, SmartTV, Smart Lights and any other device connected to your home network need updates too.

Be careful where you connect.

Public Wi-Fi networks are not secure and other systems may not have the same firewalls as you.

Public computers can have spyware attached that captures passwords and public printers can leave sensitive documents accessible on the server.

Cybercriminals are SMART.

Be sure your computers and devices are protected. Sometimes basic or free antivirus programs are not good enough. Be certain yours is up-to-date and that all protections are turned on.