04/06/16 11:42 AM (ET)
Significant Increase in Debit Card Fraud Activity in Indiana
STAR Bank’s Security Department has been notified of a significant increase in fraudulent debit card activity from compromised card data within the state of Indiana.
Rest assured, we continue to monitor debit card activity 24 hours a day for fraudulent transactions and will notify you immediately if such activity is identified. We have also implemented additional security controls to help mitigate the risk. These communications will be delivered by phone, e-mail and postal mail. If we discover that your card has been breached, we may deactivate your card immediately.
We encourage you to review your card activity, as well, through online banking, and notify us immediately if you detect any unauthorized activity. Additionally, please remember that STAR offers security alerts through online banking. These can be customized for delivery through e-mail, text or phone call.
For more information about what STAR is doing to protect your debit card, please contact your local branch or call (888) 395-2447 to speak with a Customer Solutions Representative.
03/23/16 10:06 AM (ET)
Business E-mail Compromise Alert from FBI
Business E-mail Compromise, or BEC, is a type of sophisticated financial fraud targeting businesses of all types and sizes. BECs are carried out by compromising legitimate business e-mail accounts through social engineering or computer intrusions to conduct unauthorized transfers of funds.
For example, the CFO of a U.S. company received an e-mail from her CEO while the CEO was on vacation out of the country. The CEO requested a transfer of funds for a time-sensitive payment that required discretion. The CFO followed the instructions and wired $250,000 to a bank in Hong Kong. The next day, the CEO called about another matter. The CFO mentioned she had completed the wire the day before, but the CEO said he never sent the e-mail and knew nothing about the transaction. The company was the victim of a Business E-mail Compromise (BEC).
The Internet Crime Complaint Center (IC3) has seen a 270% increase in identified victims and exposed loss since January 2015. The scam was reported in all 50 states and in 79 countries.
For additional information on Business E-mail Compromises, visit www.ic3.gov
or contact STAR Customer Solutions at (888) 395-2447.
01/19/16 9:03 AM (ET)
Phishing Scam Targeting STAR Bank Customers
STAR's Security Department has received reports that customers are receiving automated phone calls stating that their STAR debit card has been compromised and asking that they enter their debit card number. These calls are fraudulent and not coming from STAR. Please do not give out your debit card number or other personal information. If you have received one of these calls and have entered your debit card number, please contact STAR Customer Solutions immediately at 1-888-395-2447.