Pub. 5 2024 Issue 3

CONTACT US TODAY TO PLACE YOUR ANNOUNCEMENT AD. THERE'S NOTHING WRONG WITH BEING A Call (801) 676-9722 or scan the QR code to get started. Place QR Code Here ▷ Show off your employees ▷ Show off your accomplishments ▷ Show off a job well done Employees are motivated when they are recognized and feel valued. This magazine is a great platform to celebrate your team’s accomplishments! extortion payment (if necessary) and provide support in restoring full operational status across the organization. a. Report the incident to appropriate law enforcement and regulatory agencies. They may be able to assist in the investigation. 4. Contact your bank if your account has been compromised. a. Report the fraudulent incident to your bank’s fraud response unit. b. Work with your bank to try to recoup funds. 5. Craft your communications plan. a. Talk to an insurer-approved public relations and communications team about the best ways to communicate about the incident with internal and public-facing audiences. b. Verify and comply with legal requirements to notify those affected by the incident and offer credit monitoring and/or identity theft restoration services as approved by your insurer and advised by your breach counsel. Fraud is prevalent. Preparation is the key to prevention and fast response if it strikes. Truist has expertise within the automotive retail industry and can help you with your fraud prevention plans. Working together, you and a Truist Dealer Services relationship manager can identify steps to reduce risk of attack, defend against threats and respond promptly to problems when they arise. Truist Bank, Member FDIC. © 2024 Truist Financial Corporation. Truist, the Truist logo and Truist Purple are service marks of Truist Financial Corporation. Equal Housing Lender. Sources 1 Driving into Danger: CDK Global 2023 Cybersecurity Report Reveals Rise in Auto Dealership Cyberattacks. CDK Global. 2 Mark Hollmer, Dealerships slammed by multiple cybersecurity challenges in 2024, Automotive News, January 3, 2024. 3 2024 AFP Payments Fraud and Control Survey Report, Association for Financial Professionals, 2024. WVADA NEWS 27

RkJQdWJsaXNoZXIy MTg3NDExNQ==