Just as you have to complete due diligence before you buy a home, due diligence for banking vendors can make or break a partnership. Not completing enhanced due diligence (EDD) is like buying a house sight unseen and without doing an inspection! You never know what you might find. It only takes one cyberattack to […]
Category Archives: Security
It feels like we live in a world of constant digital threats—one day you’ll read about a multi-million dollar loss from a global bank and hear the next about the billions of personal records that were leaked. As an employee or decision-maker at a bank, you may feel overwhelmed by the trust your customers have […]
Customers trust banks with everything a hacker needs to steal an identity: birthdates, Social Security numbers, account numbers, and more. It’s no wonder then that banks must provide advanced security to protect this data. This includes cloud storage security and backup systems. In 2023 alone, the cost of cybercrime will reach $8 trillion. Since banks […]
In today’s digital age and especially coming into the holiday season, it is more important than ever to be aware of the different types of online scams that are out there. Unfortunately, scammers are getting smarter and more sophisticated every day, so it’s important to be vigilant in order to protect yourself and your finances […]
Ransomware is on the rise, and businesses in Kansas City are at risk. If you’re not familiar with ransomware, it’s a type of malware that encrypts your data and holds it ransom until you pay the attacker. In some cases, ransomware can even lock you out of your computer or device entirely. This can be […]
As businesses have become more reliant on technology, they’ve also become a prime target of cybercriminals. If you want to protect your organization from cyberattacks, make sure your cybersecurity system doesn’t have the following flaws. Open wireless networks With just one main internet line and a couple of wireless routers, an entire office can get […]
Did you know that Microsoft 365 does NOT guarantee against data loss? In fact, their Services Agreement recommends backing up with a third-party app. Section 6b says, “you may not be able to retrieve your content or data that you’ve stored.” Fortunately, there are several things you can do to keep your data safe. Backup […]