Identity Theft and Fraud

What You Need to Know About PREMIER’s Two-Factor Authentication

December 6, 2017

With internet fraud on the rise, so is the importance of your information’s security. According to the Identity Theft Resource Center (ITRC) and Cyber Scout, approximately 791 data breaches were reported in the U.S. by the end of June 2017—the highest number recorded in a half-year period.

PREMIER is always on the lookout for ways to protect you from this growing issue. We’ve initiated a two-factor authentication process on our website for desktop users, adding an extra layer of security to your online accounts.

But we prioritize your convenience, too. This additional step keeps your online experience simple while adding the security your information needs‚ as well as the peace of mind you deserve.

The first factor is the same password you’ve set up for your accounts. After you’ve submitted that information, we’ll provide the second factor: a unique and randomly generated four-digit passcode.

You select how you want to receive the passcode—via text, email, or phone call. This passcode stops fraudulent attempts to access your account if someone obtains your username and password. The code also expires after 10 minutes for added security.

PREMIER Bankcard Two-Factor Authentication Process

  1. Go to from your desktop computer
  2. Enter your username and password
  3. Select your preferred method to receive your passcode: text, email, or call
  4. Receive a passcode that will be valid for 10 minutes
  5. Enter the passcode and re-enter your password
  6. Log in to your account

Our team is always looking for ways to keep you and your information safe, but there are steps you can take, too.

Make a Strong Password

Making a strong password is a great defense against fraud. Most of us use the same password for multiple accounts—but what happens if that password is discovered? Someone could have instant access to your banking, social media, email, and any other personal (or business) accounts.

It’s tedious to come up with a new, unique password for every online account, but it’s a great way to protect your information. One option is to use password managers to securely store different account logins in one place, similar to storing your money in a vault.

Use Secure (HTTPS) Websites

Before inputting any personal or secure information, make sure the URL in your browser begins with “https://”, like in the screenshot below:

Secure https website

The main benefit to using HTTPS sites is their ability to encrypt information you send while using them. Whereas HTTP sites transfer input from you to the server with no security, an HTTPS site will “scramble” the information before sending it. If your information is intercepted between you and the server, it will remain coded and unreadable.

Stay in Touch

If you ever notice suspicious activity on your credit card account, let us know. We’re here to help and are determined to keep you and your information safe.

This information is presented for educational purposes only. It is not intended as, nor should it be construed to be, legal, financial or other professional advice. Please consult with your attorney or financial advisor to discuss any legal or financial issues involved with credit decisions.

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