News

"Stolen Passwords" Back In The News

August 06, 2014

In the latest twist on what is becoming a familiar story, the news media is now reporting on a purported Russian gang that has stolenPassword Tips from Miners Bank over 1.2 billion passwords from unsuspecting people.  As reported in the media stories, this information is being used to send fake emails in attempts to get people to make purchases of fraudulent products.

There is no evidence this gang has obtained any information from any bank in the country, including Miners Bank.  It is, however, a very good example of why you should be in the regular habit of changing your passwords.

If you use Internet Banking at Miners Bank, you already know we require you to change your password on a periodic basis.  You can also change your password on your own, at any time.  You should also think about all of the other internet sites you visit that require a password, and consider whether you should change those as well. Frequently changing your passwords is a very effective tool at protecting your personal information. 

For more information on this and "Internet Safety" tips, visit our Education Center.

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