Cash: Still Here, Still Relevant As digital payments surge, community banks are modernizing—without leaving anyone behind. Have you bought a cup of coffee lately? You might have noticed how transactions look these days. Digital wallets and tap-to-pay cards have been taking over the checkout counter. Across urban and rural alike, digital payments are becoming second...Read More

Effective Date: July 1   Burnsville, MN— Bankers Equipment Service is proud to announce the acquisition of Professional Computer Services (PCS). As of July 1, PCS has officially merged with Bankers Equipment Service and will now operate under the Bankers Equipment Service name.   With a legacy of 89 years, Bankers Equipment Service has been...Read More

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...Read More

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...Read More

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...Read More

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...Read More

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...Read More

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...Read More

  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...Read More

Spreadsheets are dumb. Okay, it’s not that spreadsheets are dumb, or that the people who use them are dumb. That’s not at all what we’re saying. What’s dumb is using spreadsheets to manage third-party information security risk. If were going to call something dumb, We’d better have some logic to back it up. Good thing....Read More