Blog

What IT Services Should Your Bank Outsource

person on laptop utilizing it services for banks

You could already be outsourcing more than you realize—you might work with a cash management service or have someone take care of your payroll. And why do you outsource? Because you want to save your time for the things you do best! Instead of using your time and resources on troubleshooting network issues or keeping […]

The Real Cost of Cybercrime for Your Bank

person doing online banking

The hidden costs of a cyberattack are just that—hidden, below the surface, a ripple effect that can last for years to come. IT companies are quick to share stats about the average cost of a data breach (now at over $5 million) but what goes into those calculations? And is that just a loss of […]

5 Cybersecurity Misconceptions That Your Financial Institution Needs to Leave Behind

bank manager looking at laptop and updating his cybersecurity in banking policy

Cybersecurity in banking is a constant barrage of new threats, changing regulations, and customer worries. And your financial institution is a prime threat. Your business goes right to the source: the customer’s money! To protect your customers and your business, your cybersecurity needs to be top-notch. But there may be some banking misconceptions that are […]

Multi-Factor Authentication: How Having a Layered Defense for Your Bank Can Help to Combat Cyber Threats

employee using multi factor authentication

As a leader and decision-maker at your bank, you know that technology is a double-edged sword. It helps you work effectively, learn more about your customers, and make better decisions. But the online world also has the potential to destroy a business you’ve worked so hard to build.  We live in a digital world—there’s no […]

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 […]

Core Banking Software Provider, FPS GOLD, Endorses RESULTS Technology

OVERLAND PARK, KS, March 30, 2023: FPS GOLD has announced the endorsement of RESULTS Technology to promote technology services specifically designed for banks. FPS GOLD offers core processing and eBanking software solutions designed for financial institutions across the United States and partners with vendors who support their mission to “help financial institutions compete, profit and […]

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 […]

Data Incident Response Guide: What to Do if Your Financial Institution Experiences a Data Incident

Business man working on laptop

Your cybersecurity nightmare has happened and your data is in the hands of criminals. Now what? You want to fix the problem as soon as you can, avoid expensive downtime, and protect your customers’ private data. How you respond to a data incident is critical. Your response time, communication practices, and remediation strategy will have […]