Category Archives: Security

A Closer Look at the Interagency Third Party Risk Management Guidance

bank owner performing bank risk management

How many third-party vendors have you used since starting work today? Since the rise of technology, third-party vendors have become an integral part of every bank. They provide various services such as IT solutions, payroll processing, and more. However, with their increasing use comes a greater risk for organizations—your organization. A collection of bank risk […]

Now is the time to implement multi-factor authentication

Cyber attacks are not slowing down. And with more and more people accessing company networks remotely, the problem is only getting worse. All it takes is one compromised credential or legacy application to cause a data breach. Now is the time to step up your security. Multi-Factor Authentication (MFA) is a security system that verifies […]

Can Enhanced Due Diligence Help Your Bank Avoid Cybersecurity Risks?

two employees discussing cybersecurity for community banks

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 […]

Don’t Let Banking Fraud Stress You Out: Common Types of Banking Scams and How to Defend Against Them

woman looking at bank card and laptop after experiencing bank fraud

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 […]

Cloud Storage and Backup Security: What Helps Keep Banks Safe in the Cloud

employees discussing cloud usage on laptop

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 […]

Common Online Banking Scams and How to Keep Your Account Safe From Them

banking scams targeting out of office emails

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 […]

Fix these business security flaws now

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 […]