OXFORD BANK HOSTS INTERACTIVE SESSION WITH FBI CYBER SECURITY EXPERTS AT CUSTOMER APPRECIATION EVENT

Rhea-AI Summary

Oxford Bank hosted a live session with FBI cyber security experts on March 21, 2023, during its Q1 Customer Appreciation Event in Oxford, Michigan. The event aimed to educate customers on emerging cyber threats and preventive strategies to enhance their online safety. CEO David Lamb emphasized the importance of cyber awareness for both businesses and consumers, aiming to protect sensitive data and privacy. The Bank also offers resources on its website about identifying and guarding against cyber threats, showcasing its commitment to customer security through advanced online banking protections.

Positive

• Engagement with FBI specialists enhances bank's reputation for prioritizing customer education on cyber security.
• Proactive measures to protect customer data through ongoing investments in advanced security technologies.
• Establishing customer trust and safety by providing resources against cyber threats.

Negative

• None.

Top FBI special agents share insights and strategies
to combat current and emerging cyber threats

OXFORD, Mich., March 21, 2023 /PRNewswire/ -- Oxford Bank ("the Bank") is hosting a live, interactive session with FBI agents specializing in cyber security for its Q1 Customer Appreciation Event on March 21, 2023. This unique event gives the Bank's customers an opportunity to hear firsthand about innovative investigative techniques and resources used by the FBI and other law enforcement agencies to combat cyber crimes as well as key strategies and tips to help strengthen their own security, safety and confidence in today's digitally connected world.

"We know that cyber security has rightly become one of the top concerns for both businesses and consumers," said Oxford Bank CEO David Lamb. "Our goal is to help our customers become more cyber aware and alert by accessing the information and resources they need to protect their sensitive data and privacy online."

The FBI is the lead federal agency for investigating cyber attacks by criminals, overseas adversaries, and terrorists. During the event, customers will learn about current and emerging cyber threats as well as important cyber safety tips and preventative measures to guard against potential attacks. 

"The reason we hold events like this is to live our credo to create value for our customers. We are particularly pleased to provide our customers with this rare opportunity to hear directly from FBI specialists," Lamb said. "In addition to gaining important insights about cyber crime, they'll discover how the FBI and other agencies are working to prevent and combat these attacks in our communities and around the world."

This event is one of the many ways Oxford Bank is helping customers strengthen cyber awareness and security. The Bank also provides a wealth of timely, relevant information and resources on its website to help customers learn how to identify and guard against various cyber threats, including phishing scams, identity theft, and online fraud.

Said Lamb, "We believe that our focus on relationship with our customers and team starts by helping them stay informed and aware of critical issues that are important to their safety."

Oxford Bank also demonstrates its commitment to protecting customer data and privacy through its continued investment in advanced security for its online and mobile banking systems, including multi-factor authentication, state-of-the-art firewalls and intrusion detection.

For more information, visit Oxfordbank.com or sign-up for our e-newsletter at marketing@oxfordbank.com.

About Oxford Bank

Oxford Bank is a subsidiary of Oxford Bank Corporation, a registered holding company. It is the oldest commercial bank in Oakland County and operates seven full-service offices in Clarkston, Davison, Dryden, Lake Orion, Oakland Township, Ortonville and Oxford. The Bank also has Customer Experience Centers in Rochester Hills, MI and Macomb, MI, with transactional services provided by Interactive Teller Machines only. In addition, Oxford Bank has business banking centers in Wixom, downtown Oxford, Ann Arbor and Flint, MI. The Bank has operated continuously under local ownership and management since it first opened for business in 1884. For more information about Oxford Bank and its complete line of financial services, please visit www.oxfordbank.com.

Except for the historical information contained herein, the matters discussed in the Release may be deemed forward-looking statements that involve risk and uncertainties. Words or phrases "will likely result", "are expected to", "will continue", "is anticipated", "estimate", "project", or similar expressions are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Factors which could cause actual results to differ, include, but are not limited to, fluctuations in interest rates, changes in economic conditions of the Bank's market area, changes in policies by regulatory agencies, the acceptance of new products, the impact of competitive products and pricing and the other risks detailed from time to time in the Bank's and Corporation's reports. These forward-looking statements represent the Bank's judgment as of the date of this report. The Bank disclaims, however, any intent or obligation to update these forward-looking statements.

Contact:	David P. Lamb, Chairman, President & CEO
Phone:	(248) 628-2533
Fax:	(248) 969-7230

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SOURCE Oxford Bank Corporation

FAQ

What significant event did Oxford Bank hold on March 21, 2023?

On March 21, 2023, Oxford Bank hosted a live session with FBI cyber security experts during its Q1 Customer Appreciation Event.

How is Oxford Bank addressing cyber security concerns for its customers?

Oxford Bank is addressing cyber security concerns by educating customers about emerging threats and providing resources to help them protect their sensitive data.

What is the focus of the interactive session with the FBI conducted by Oxford Bank?

The interactive session with the FBI focuses on educating customers about innovative investigative techniques to combat cyber crimes and providing key strategies for online security.

What commitment does Oxford Bank make regarding customer data security?

Oxford Bank commits to protecting customer data through investments in advanced security measures for online and mobile banking systems.