Security Alerts
Russian Hackers  |  Heartbleed  | Target Breach  |  Netteller Alert  |  Email Scam  |  Medicare Scam  |  Utility Scam |  Phishing Alert


Russian Hackers  |  TOP

Russian hackers have reportedly stolen 1.2 billion usernames and passwords in a series of Internet heists affecting 420,000 websites. The specific websites have not been identified. You are strongly urged to change your passwords for all of your online accounts on a regular basis. Use complex, hard to guess passwords and make them unique for each online account. You can visit for more information on how to protect yourself online.

Heartbleed SSL Certificate Vulnerability  |  TOP

Security Federal Bank websites are not vulnerable to the recent Heartbleed SSL vulnerability. To learn about it, please visit or to test your own website certificate, you can visit

Target Check Card and Debit Card Breach  |  TOP

US Retailer TARGET announced on December 19th that they have been the victim of a major card breach that occurred between Thanksgiving and December 15th.  They believe that as many as 40 million card holders across the United States have been affected.

Security Federal Bank is immediately taking a proactive position regarding this breach. In order to protect our customers’ checking account funds, we have decided to reissue all check (debit) cards that were used at Target during the time period of the breach.  If you used your Security Federal Bank check (debit) card at Target during that time period, you will receive a letter from us notifying you that you will be issued a check (debit) card with a new number, and we will cancel your current, breached card on a particular date noted in the letter.  If you would like us to cancel your check (debit) card before that date, please give us a call at (803)641-3000 or (866)851-3000.

If you use a Target REDcard to access your checking account at Security Federal, please call Target Corporation at 1-888-729-7331 for help managing your card account.  REDcards are NOT part of the VISA or MasterCard networks and may not afford you the same fraud protections that our cards provide. 

As always, it is very important to monitor your account activity on a consistent basis.  If you suspect any fraud on your account, please report it to us immediately.  An easy way to monitor your accounts is through our on-line banking system, NetTeller.  If you are not signed up for this free service, ask at any of our branches how to apply, or go to to apply online. 

Be wary of any phone calls, emails, or texts from anyone requesting information such as passwords or PINS.  Recently, many of our customers have received “phishing” texts telling them that their debit cards have been deactivated and that they must click on a link and enter their PIN numbers to reactive the cards.  Some experts believe that these recent texts are related to the Target breach. Never reveal confidential passwords or PIN numbers to anyone.

Netteller Alert / Cash Management Users  |  TOP

We have been made aware of a malware screen takeover application that is targeting our online banking customers.
This particular malware variant will prompt a user to input account and/or token data, which then results in another screen prompt indicating that the user will be unable to access the account for 24-hours while maintenance is performed. This allows the fraudster to take over the session and commit fraud while the user is detained on the fake “maintenance” screen. Any abnormal changes in appearance or unusual questions during your login should be reported to the bank immediately.

Email Scam  |  TOP

There is a current email scam claiming that ...."On behalf of Security Federal Bank you have been issued a $1,000 Visa Gift Card free of charge." The link then directs the user to fill out a form within 48 hours in order to receive the gift card.

THIS IS A not reply or follow the instructions listed in the email. If you have any questions or concerns, please call us immediately at (866) 851-3000.

Medicare Frauds and Scams  |  TOP

The Better Business Bureau (BBB) has recently received calls from consumers who appear to be the target of a Medicare scam.  Consumers state that the scam artists offered to send new Medicare cards, including one that offered extra benefits, and then asked for the name of their bank.

Medicare, Medicaid and the Social Security Administration will not call you to update information or issue a new card. If you get one of these calls, hang up and report it to the Centers for Medicare and Medicaid Services.

Click HERE for BBB notice.

Utility Bill Scam Alert  |  TOP

The Better Business Bureau (BBB) has issued a nationwide warning about a new scam claiming that President Obama will pay consumers' utility bills through a new federal program.

Consumers have been contacted through telephone calls, fliers, social media and text messages, and other means with claims that President Obama is providing credits or applying payments to utility bills.

To receive the money, scammers claim they need the consumer's Social Security Number, and bank routing number and/or account number. In return, customers are given a fraudulent bank routing number to use in order to pay their utility bills through an automated (telephone) service.

The payment service initially 'accepts' the payment but then declines it within a few days when the banking information is discovered to be invalid. The consumer's bill has not been paid and his/her SSN and personal financial information have been compromised.

The BBB offers tips to consumers to avoid becoming a victim of this scam, and additional information on identify theft scams.

Click HERE for BBB notice.

Phishing Alert for our ATM/Debit Card Customers  |  TOP

Security Federal Bank will never call you or email you and ask you for passwords, PIN numbers, account numbers, or card numbers.  If you receive any phone calls or emails purported to be from Security Federal asking for this confidential information, we encourage you to report it to our Senior Operations Officer at (803)641-3000 or toll free at (866)851-3000.

The newest example of a phishing e-mail that our customers have been receiving concerns ATM and Debit Cards. The e-mail is very professional and appears to come from a valid company which really does monitor card transactions for fraud. Security Federal does not use this particular company, and neither the company nor Security Federal e-mails fraudulent transaction information to customers.

 The important thing to remember about any email you receive is that:

  No “real” financial institution will ever ask you to respond to an email with a user name and password or an account number/card number and PIN Number, or any confidential information.

In the event that you click on the link in the email and enter the information, the fraudster who initiated the email now has what he needs to transfer money from your account.



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