How to Protect Your Money in a Digital World

Rhea-AI Summary

C&N (NASDAQ: CZNC), a leading community bank, has launched MoneyArmor, a comprehensive fraud and cybersecurity program. This initiative aims to empower businesses and individuals with tools and knowledge to protect their finances in the digital age. Key features include:

1. Fraud Detection and Prevention: Advanced monitoring systems and real-time threat detection
2. Personalized Education: Tailored training and resources for various digital literacy levels
3. Community Engagement: Initiatives promoting collaboration and education on online safety

MoneyArmor offers user-specific resources, including interactive games for teens, actionable tips for adults, protection for seniors, and curated content for businesses. The program aims to bridge the generational gap and foster a culture of digital responsibility.

Positive

• Launch of MoneyArmor, a comprehensive fraud and cybersecurity program
• Implementation of advanced monitoring systems and real-time threat detection
• Provision of tailored training and resources for various digital literacy levels
• Initiatives to promote community awareness and collaboration on online safety

Negative

• Significant increase in fraud attempts targeting customers across all age groups

WELLSBORO, Pa., July 22, 2024 /PRNewswire/ -- (Citizens & Northern Corporation, NASDAQ: CZNC) -- In today's digital age, protecting yourself online is paramount.

To help address this growing need, C&N, a leading community bank, has introduced MoneyArmor. This comprehensive fraud and cybersecurity program is designed to empower businesses and individuals of all ages with the tools and knowledge to safeguard their finances and navigate the digital landscape with confidence.

Combating Fraud
Fraudsters constantly devise new scams to exploit our vulnerabilities online. "In the past year, we've seen a significant increase in fraud attempts targeting our customers across all age groups," says John Reber, Chief Risk Management Officer at C&N. "These scams are becoming increasingly sophisticated, and it's crucial that we provide our customers with the resources they need to protect themselves." C&N's MoneyArmor program takes a proactive approach to fraudsters' tactics by offering tailored, user-specific resources: interactive games for teens, actionable tips for adults, protection geared specifically for seniors, and curated content for businesses.

Additional key features include:

• Fraud Detection and Prevention: Advanced monitoring systems and real-time threat detection safeguard your accounts against unauthorized activity.
• Personalized Education: Tailored training and resources to address varying levels of digital literacy and fraud awareness, empowering users to identify and avoid common scams.
• Community Engagement: Initiatives that promote collaboration and education about online safety best practices foster a collective defense against fraud.

More Than Security: A Financial Wellness Movement
"Cybersecurity has become a societal issue," said Pete Boergermann, SVP - Director of Information Security at C&N. "MoneyArmor not only addresses the technical aspects of online security but also promotes community awareness by educating and empowering users, regardless of age. " By bridging the generational gap and fostering a culture of digital responsibility, MoneyArmor unites individuals and businesses to combat fraud. This ensures everyone can participate in the digital age with confidence and peace of mind.

Take Action:
Don't wait to take control of your financial security. Visit our website at cnbankpa.com/MoneyArmor to learn more.

About C&N: C&N is an independent community financial services company providing complete banking, financial, investment and insurance services with 30 full-service offices located throughout Bradford, Bucks, Cameron, Chester, Lycoming, McKean, Potter, Sullivan and Tioga, counties in Pennsylvania and Steuben County in NY. C&N also operates one loan production office in Elmira, NY, which offers commercial, residential and consumer lending services. C&N can be found on the worldwide web at www.cnbankpa.com. The Company's stock is listed on NASDAQ Capital Market Securities under the symbol CZNC.

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SOURCE Citizens & Northern Corp

FAQ

What is MoneyArmor and how does it protect CZNC customers?

MoneyArmor is C&N's comprehensive fraud and cybersecurity program. It protects CZNC customers through advanced monitoring systems, real-time threat detection, personalized education, and community engagement initiatives focused on online safety.

What specific features does MoneyArmor offer for different age groups?

MoneyArmor offers interactive games for teens, actionable tips for adults, specific protection for seniors, and curated content for businesses, addressing varying levels of digital literacy and fraud awareness.

How has fraud targeting CZNC customers changed recently?

According to John Reber, Chief Risk Management Officer at C&N, there has been a significant increase in fraud attempts targeting customers across all age groups in the past year, with scams becoming increasingly sophisticated.

Where can I find more information about C&N's MoneyArmor program?

You can learn more about the MoneyArmor program by visiting C&N's website at cnbankpa.com/MoneyArmor.