Category

Cyber-security
Businesses today face a range of cybersecurity threats, from social engineering attacks like phishing to sophisticated ransomware. For business leaders like you, protecting your network is crucial since it is the lifeline of your business. Any vulnerability in your network can compromise your sensitive data, operational integrity and stakeholder trust. That’s why you must understand...
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The rise of AI has sparked a revolution. Everyone, from industry giants to smaller enterprises, is captivated and eager to leverage AI’s endless possibilities. However, amid the celebrations of AI’s merits, let’s not ignore its potential risks. A new array of cyberthreats emerges when intricate AI algorithms cross paths with malicious cyber elements. From AI-powered...
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Data breaches have become more common in recent years, owing primarily to the rapid emergence of new threats. According to a new study, the average cost of a data breach increased 2.6% from 2021 to 2022.* Hackers can now access sensitive information a lot easier than ever before, thanks to the growth of the internet...
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Social media has significantly transformed the way we communicate and do business. However, this growing popularity also comes with potential risks that could cause harm to businesses like yours. Unfortunately, many organizations remain unaware of these rapidly evolving challenges. In this blog, we will explore the dangers associated with social media and share practical tips...
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Phishing scams remain one of the most prevalent and successful types of cyberattacks today, so being aware of the danger they pose to businesses like yours is extremely crucial. Your business could easily be the next victim if you don’t clearly understand how threat actors leverage phishing emails. In this blog, you’ll learn the intent...
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ransomware and cybersecurity
According to ATM Marketplace, Banks reported that there were more than $1 billion in ransomware payments in 2021, more than double from 2020 and the largest amount ever reported in a year. The Treasury Department collected data that showed the majority of the funds came from attacks connected to Russian hackers. The Treasury said the...
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In case you missed it, the FFIEC has updated the October 2018 Cybersecurity Resource Guide for Financial Institutions. Lots of great links and resources contained here, with inclusions to address the growing threat of ransomware. Contact us today about your Information Security and Cybersecurity Assessment needs. View the FFIEC Announcement Download the October 2018 Cybersecurity...
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how to protect your bank and customers from cyber attacks
Digital banking is on the rise, just like all other aspects of society. As more customers take their banking online it offers convenience, but also cybersecurity concerns.  Cyber criminals are increasingly targeting small banks and credit unions. Customers are far less likely to trust institutions whose services and products are frequent targets for attacks. Luckily...
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The probability is high that a bank customer will at some point experience a cybersecurity incident. Above and beyond the financial and operational risk, cybercrime comes with substantial reputational risk for banks, as customers are far less likely to trust institutions whose products and services are frequent targets for breaches or hacks. While banks are...
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  Secure is relative. Different businesses have different obligations and levels of sophistication in their security programs based on several factors. Industry, size, the type of data housed, and more all determine how a business treats its information security program. But the goal is often the same: avoid as many security incidents as possible, protecting...
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