The law is clear—as a banker, I’m legally responsible to watch out for financial abuse of older adults. The Bible is also clear—as a follower of Jesus, I’m to watch out for widows and those in need. So, it is important that those of us who work in the financial end of our ministries know how to protect those in our congregation or ministry who are older, have disabilities, or for other reasons might be susceptible to financial abuse. [read more]
As you steward the financial resources entrusted to your ministry, one way to deter fraud is to establish internal controls around your checking account activities. Here are some best practices you should consider adopting: [read more]
I may be Ministry Banking Guy, but I’m not Banking Security Guy. That title would rightly belong to information systems expert Alan Weisenberger. So I asked him to write this post because this issue is so timely and important.—MBG
The buzz in the information security world this past week sounds like something straight from the Cooking Channel. Data breaches at four major websites including LinkedIn, eHarmony, music sharing site Last.fm, and gaming site League of Legends have resulted in millions of passwords being compromised. The common element is that “hashed” passwords that weren’t “salted” were stolen from their databases and posted on the internet. Say what? [read more]
Hackers never seem to tire of devising ingenious ways to inflict mayhem. An alarming new threat has emerged known as “Spear Phishing.” This phishing technique uses a personalized email message that’s designed to pique your interest. It might be a conference invite, an invoice, or a missions support plea.
Spear phishing messages, which appear genuine and often convey a sense of urgency, are ruses to get you to provide sensitive information (such as your login and password) or entice you to click on a link that contains an infectious virus. Often, these email “spears” pass through SPAM filters because they appear to be legitimate. [read more]
If you’re like me, last week’s bank card breach involving Global Payments prompted a question: “Was my card affected?” While the odds of the answer being “yes” are small—just a fraction of the billion or so cards in use in North America were affected by the breach—the thought of nearly 1.5 million cards being compromised is still alarming.
We received an alert from the Credit Union National Association (CUNA) this week that says, in the wake of this card breach, you’re wise to be vigilant about card security. [read more]