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The CrowdStrike Incident: Critical Lessons Learned¶
(American Riviera Bank) - The global software outage, which occurred overnight on Thursday, July 18, 2024, and extended into Friday, highlighted the importance of diverse security measures. This incident, with its significant impacts and ripple effects across various sectors and industries, undersc…
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Protecting Yourself from Imposter Scams: Don’t Fall Prey¶
(American Riviera Bank) - We are issuing this warning to address the increasing prevalence of scams targeting our clients and to offer guidance and support to those who may have been affected. The landscape of scams is continuously evolving, particularly with the growing reliance on the internet.…
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New Home Buying Grant for Middle-Income Households and other Homebuying Tips¶
(American Riviera Bank) - Buying a home on the Central Coast can be difficult with affordability continuing to shrink as home values climb and rates remain at higher than pre-pandemic levels. This National Homeownership Month, we have some solutions and tips to help simplify the home buying process…
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Banks on the Front Lines Protecting Older Americans from Financial Exploitation¶
(Laurel Sykes) - In honor of World Elder Abuse Awareness Month, we wanted to take the opportunity to educate clients on how to recognize and prevent elder financial abuse. Local bankers are in a unique position to recognize red flags commonly associated with fraud in our communities. At ARB, we bel…
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Investment Scams on the Rise: Authorities Sound the Alarm¶
(American Riviera Bank) - Consumers are increasingly falling victim to sophisticated investment scams, with cryptocurrency at the forefront of these deceptive schemes. Reports from the FBI, Federal Trade Commission (FTC), and California Department of Financial Protection and Innovation underscore…
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Insights from the 2024 UCSB South County Economic Summit¶
(American Riviera Bank) - UCSB Economic Forecast Project’s 2024 South County Economic Summit provided a comprehensive analysis of the current state of today’s economy, with a special focus on downtown Santa Barbara’s revitalization, regional job growth, and inflation. American Riviera Bank is proud…
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Celebrating Small Business Month: Empowering Entrepreneurs with Financial Knowledge¶
(American Riviera Bank) - May is Small Business Month, and at American Riviera Bank, we're celebrating by sharing our unique business Financial Wellness Center. A multifaceted resource, the Wellness Center offers guided lessons and articles on crucial topics about running a small business. It's des…
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Dr. Elizabeth Cholawsky Inspires Women at Top 50 Women in Business Event¶
(American Riviera Bank) - Laurel Sykes, Executive Vice President and Chief Risk Officer at American Riviera Bank, was honored at the Pacific Coast Business Times Top Women in Business awards reception on Thursday, April 25, at the Hilton Santa Barbara Beachfront Resort. The event honored 50 of the…
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Check Fraud is a Persistent Threat: How to Protect Your Assets¶
(American Riviera Bank) - As technological advances revolutionize banking and finance, enabling unprecedented efficiency and convenience, consumers must remain vigilant against emerging security threats. While check fraud has long plagued financial institutions, its evolution beyond traditional cou…
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2024 Radius Real Estate and Economic Forecast¶
(American Riviera Bank) - The recent 14th annual Radius Real Estate and Economic Forecast provided valuable insights into the current and near-future trends shaping the local housing and commercial real estate markets. American Riviera Bank once again proudly sponsored this event, as part of our co…
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