Skip navigation

Questions about your tax refund direct deposit? - Click Here >

<< Back to News

Fraud Prevention


Tips for Yahoo Account Owners


Last week, Yahoo announced another hack affecting more than one billion accounts. That's roughly double the number involved in the cybersecurity incident it announced in September, which is believed to be a separate incident.

Yahoo has notified users who may have been affected by the breach and making them change their account passwords. The largest problem with changing only your password at this point is that the hack happened all the way back in August 2013, meaning the hackers have had more than three years to utilize your information fraudulently.

At Southern Bank, your privacy and personal information is of the utmost importance to us. Therefore, we wanted to provide some additional tips to Yahoo account owners to help make sure you are protected: - Check if you have used your Yahoo password in other sites, and change the password and security questions for those accounts. And remember, never reuse your email password (or any other password tied to an account that holds sensitive data about you) at any other site. - If you used a mobile phone number in association with your Yahoo account, and you still use that mobile phone number, then SMS phishing (a.k.a. Smishing) is now a distinct possibility, so be very wary of smishes. - Beware of emails asking for more information. Hackers can use stolen credentials to craft emails that appear to be legitimate. Such emails might disclose the answer you gave to a security question, for example, and then ask if it's still up to date and request more information. - If possible, consider closing your Yahoo account. But before you delete the account, get rid of all the folders and only then delete the account and open a gmail account instead. - Block access to your credit report and utilize a company that monitors your credit for you. Southern Bank can offer customers a Kasasa Protect product for Kasasa account owners to help monitor your credit every month. See your local branch for details. When you block access to your credit report, the first thing a bank will do when someone is applying for credit in your name is run a credit check. If you've put a freeze on your credit report, you will be alerted that an institution is trying to run a check and can flag that you didn't request it.

Please take proper steps to make sure your information is protected! If you suspect any suspicious activity, contact your bank immediately to help make sure your accounts are protected.