7/1/2023
Home Equity Line of Credit (HELOC) scams continue to be a costly and challenging issue for financial institutions.
1/2/2023
Experts share a common theme that supply chain attacks and ransomware attacks will certainly increase in scope and sophistication in 2023.
8/1/2022
Make cybersecurity training a part of the onboarding process and include an annual review of key policies.
6/1/2022
Over the last year, the Bankers Insurance Agency has seen three significant Wire Transfer Fraud claims. Each claim was more than $500,000.
6/1/2022
Ms. Teri Petrzelka, VP ISO/Security Officer for the Central Bank of Houston, shares her thoughts on how they are helping their customers.
3/30/2022
Can NATO invoke Article 5 if the battle ground is in cyber space?
1/31/2022
The director of U.S. CISA, Jen Easterly, called the Log4j cyber attack, “the most serious vulnerability I have seen in my decades-long career.”
12/6/2021
We’ll continue to see ransomware attacks in 2022. Why? Because they are still successful.
9/1/2021
As I wrote in my column last year, third-party risks continue to be one of a bank’s greatest risks. Properly addressing these risks as a part of your overall business strategy is challenging.
8/1/2021
On May 12, 2021, President Biden issued an Executive Order to implement new policies aimed at strengthening the nation’s cybersecurity.
7/1/2021
Regulations are nothing new to financial organizations. In fact, the consensus is whether it’s a traditional bank or a modern fintech startup, they are among the most heavily regulated businesses already — and have been for some time.
6/1/2021
The global insurance company, AXA, will no longer write policies in France that reimburse customers for extortion payments made to ransomware criminals. How much longer before the same applies in the U.S.?
5/1/2021
Recently, the Board of Governors of the Federal Reserve System, CFPB, FDIC, NCUA and OCC released a request for information and comment on financial institutions’ use of artificial intelligence and machine learning.
4/1/2021
I’m writing this column just days after the Microsoft Exchange vulnerability release, and I’m sure that by the time this is published, it will be much, much worse.
3/1/2021
As cyber threats have increased, more organizations need access to the latest threat intelligence.
2/1/2021
The first rounds of PPP helped more than five million small businesses in the United States in the amount of $525 billion in funding, but not without a dark side to the program.
2/1/2021
Cyber threats are daunting. Not only are they complex and constantly evolving, but they also have the potential to impart significant financial and reputational damage to our financial institutions.
1/1/2021
Changes in technology have been revolutionizing business for a long time but recently this trend has been expedited due to the rapid increase in work-from-home as well as the adoption of technologies such as the cloud.
12/1/2020
Social media has changed the ways we live our lives — from the way we get our news to the way we interact with our family, friends and peers. It’s everywhere, it’s unavoidable, it’s powerful and it’s here to stay.
11/1/2020
Here we are almost to 2021. Do you feel any more cybersecure? Just this year, we’ve seen a 20% increase in cyber fraud and abuse and a startling 200% increase in business email compromises.
10/1/2020
For the 17th year in a row, the National Cyber Security Alliance and CISA have announced October as Cybersecurity Awareness Month. This year’s theme is “Do Your Part. #BeCyberSmart.”
5/1/2020
Business email compromise is a sophisticated scam that targets both businesses and individuals that transact legitimate transfer of funds requests.
2/1/2020
Verafin, the industry’s leading financial crime management platform, helps more than 170 banks in Texas stay a step ahead with several solutions.
12/1/2019
Vendor risk management has become a crucial area of cybersecurity as banks move operations to the cloud and asset managers hire third parties to manage their technology.