Security Recommendations Sample Clauses

Security Recommendations. The upward trend of more and more customers using online channels for banking and financial services has expanded the opportunities for criminals and cyber-crime. Cybercriminals using malware, keystroke loggers and/or Trojan viruses can capture customer information such as login credentials and Multi-Factor Authentication challenge questions/answers and can highjack the user’s computer using their IP address so that the criminal will appear to be the end-user. Some of the most common approaches for criminals to compromise end-user data is to take advantage of end- users signing on to unsecured networks, not having up to date virus protection and security patches, visiting compromised web sites or opening attachments with embedded malware or Trojan software. Due to the sophisticated nature of this crime, there is not one single solution for online security. The best approach is a multi-layered approach. The Bank recommends the use of a stand-alone computer to perform Cash Management activities ensuring that the computer is hardened, is not used for web-surfing or email, and that anti-virus software and security patches are installed and kept current. The Bank is not responsible for any electronic virus or viruses that you may encounter. We suggest that you routinely scan your PC using a continually updated virus protection product that also scans Internet and e-mail files. An undetected virus may corrupt and destroy programs, files, and your hardware, and may even affect portions of the software used for The Bank’s online banking. Customer authorizes the Bank to take on the Customer’s behalf any action necessary to complete any transaction initiated through the Services. This authority includes, without limitation, the withdrawal of funds from any of Customer’s Accounts or the obtaining of a loan or new deposit account both of which are effective as though the Customer had signed a check or withdrawal form to make the withdrawal or signed a direct loan check to obtain the loan. New services may be introduced for Online Banking from time to time. The Bank will notify you of the existence of these new services. By using these services when they become available, you agree to be bound by the rules governing the use of such services, which will be made available to you concerning these services.