accounting icon twitter icon instagram icon political-organizations icon facebook icon in icon close-x icon government icon healthcare icon menu icon non-profit icon phone icon professional icon small-business icon triangle icon

Eagle Bancorp, Inc.'s 1st Quarter 2024 Earnings Conference Call was held on April 25, 2024. Click here to listen to the recorded webcast.

Fraud protection is everyone's job.

Cybersecurity and Fraud

Why We All Need To Take Cybersecurity Seriously

At EagleBank, we take cybersecurity very seriously. It demands a lot of our time and effort to ensure our systems, your information – and your dollars – are protected. We work proactively to understand and manage the cyber threats and risks we face on a day-to-day basis. Many believe that it’s not a case of “if” you will get hacked or scammed, but “when,” so we also understand the need to be prepared for the worst; and so should you!

One major threat involves cyber criminals who focus their efforts on targeting security weaknesses in personal and business banking information systems and processes. For example, we continue to see phishing campaigns aimed at taking over customer email accounts. The latest scam, known as “Business Email Compromise,” involves bogus email requests and altered instructions for wiring money to fraudulent bank accounts, sometimes overseas and often, the funds are never recovered. The simple message is not to trust email instructions alone, particularly for financial transactions; always check and verify the instructions via an alternative method such as a phone call to a number on file, text, or even a face-to-face discussion with the sender. More details on what you can do are available by downloading our “Cybersecurity Tips: Business Email Compromise” brochure below.

We are always willing to work with our customers to review the proper and safe use of online and/or traditional banking services, but it is critical that we all work together to improve security, protect information, and help reduce cyber crime, fraud and financial losses. We strongly encourage you to take cybersecurity as seriously as we do; we are all truly in this together. Please visit this page often and use the information available here to learn more about cyber threats, risks, and fraudulent methods that put your information, money and identity at risk. At the very least, follow and know the security basics so we can help each other to stay protected from cyber criminals and fraudsters.

Please find below some convenient tips to keep you and your business safe:

Below are additional resources for you to review.

Cybersecurity Tips - Business Email Compromise

Phishing Attacks and ID Theft

Account Takeover Alert

ExecuBank Risk Control Options

FFIEC Business Account Guidance - Risk Assessment & Layered Security

FFIEC Consumer Guidance - Account Authentication & Online Banking

How We Protect Your Information

Text Message Phishing Scam

FDIC Memo on Cybersecurity: Avoiding Scams and Scammers

Recording: EagleBank hosted webinar on Ransomware

Recording: EagleBank hosted webinar on Business Email Compromise
 

We urge you to remain vigilant to scams. 

FBI Advisory: New Phishing Scheme (as of April 14, 2022)

FTC

SBA Programs - Scams and Fraud Alert

Threat Advisory Alert

The Federal Bureau of Investigation (FBI) has released the internet crime data for 2021.  Read its annual report here: 

2022 Internet Crime Report

Crime type data by victim and subject count, loss and age group by state: 

EagleBank can help you navigate the process if you have been the victim of fraud:

Click here for actions to take for personal accounts

Click here for actions to take for business accounts


Need more information? Please call us at 301.986.1800 or email us at ContactMe@EagleBankCorp.com. We will be glad to answer your questions.

Member FDIC
Equal Housing Lender