Our financial industry has been plagued with financial crimes like phishing, fraud, critical data leakage, security lapses and anti-money laundering experiences. Cyber security has become an extremely important challenge for the banks. Failure in cyber security not only impacts operations, reputations and core processes, but public’s confidence in financial services also gets hampered. The […]
A recent Healthcare Edition of the 2016 Vormetric Data Threat Report (DTR) observed that despite feeling vulnerable to data threats, IT security leaders are prioritizing and focusing more on Compliance. 96% are already bracing for an attack on the personal information, and almost 63% of them experienced a past data breach, with nearly one […]
One of the most important tasks that a Bank Secrecy Act (“BSA”) Officer has is to make the decision whether or not to file a suspicious activity report (“SAR”). Many BSA Officers have had the experience of reviewing transactions, analyzing them for suspicious activity and then making the decision whether or the not the […]
Are your employees aware of the potential security risk they pose to your company or business?
It does not matter how much money and time a company spends on protecting itself from hackers, viruses, and malware. If employees are unaware of the methods that hackers can access a system, then your business is a potential […]