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Preventing Online Fraud

First National Bank of Durango has implemented Multifactor Authentication (MFA). MFA is a state-of-the-art security solution that deters predators who commit fraud and identity theft by exploiting single-factor authentication or the use of only one piece of information – such as a password – to validate identity. Multifactor Authentication automatically monitors accounts for activity that is unusual based on account history, and asks customers to verify their identity by answering pre-selected security or challenge questions if unusual activity is detected.

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