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In The Press

  • British cyber heist holds lessons for U.S. bank customers

    The San Diego Union-Tribune; Online; November 2016

    Hackers stole money from about 20,000 customers of a British bank over the weekend — an unprecedented strike that cybersecurity experts said should be a cautionary tale for bank-account holders in the United States.

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  • The financial vertical: Big investments yield big prospects for MSPs

    TechTarget; Online; November 2016

    Banks and other financial institutions are struggling to maintain compliance in an increasingly regulatory world, and industry observers say the financial vertical market offers great opportunity for channel partners -- but it is not without challenges.

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  • Ransomware: A digital plague in the world of cybersecurity

    CBInsight; Online; November 2016

    Similar to the way the Zika virus caught the world off-guard with its sudden rise, the world of banking cybersecurity has been rocked by a digital plague of its own—ransomware. There’s not as much national attention on ransomware, but it’s a very real threat that exploits a bank’s most vulnerable security gaps. And much as a disease spreads from personal contact, ransomware relies on taking advantage of people, usually via interactions on email or social media.
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  • ‘Know your customer’ goes corporate: Understanding FinCEN’s Customer Due Diligence Final Rule

    CBInsight; Online; September 2016

    Organized criminals sometimes employ loopholes to sneak illegally gotten cash into the banking system, like exploiting differences between international regulations and hiding behind legal entities and organizations. In response, the G20 issued its High-Level Principles on Beneficial Ownership Transparency in 2014—a pact amongst member countries to improve the transparency in legal entity ownership and recognize its importance in protecting the global financial system.

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  • Mobile-Based Cybercrime Risks: Five Ways to Protect Your Institution From Attacks

    Texas Banking; Online; September 2016

    It’s a reality today that there are nearly as many cell phones in the world as there are people. And mobile banking is one of the fastest growing areas in financial services, with adoption among mobile phone owners now reaching 43 percent—up from 33 percent in 2013. 

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  • The Polar Opposites That Make Up Today’s Digital Payments Environment

    Western Banker; Online; September/October 2016

    When you think about it, mobile payments are nothing new—we’ve used online retailers, company-specific apps and P2P payments for a while now. But digital wallets that let consumers make instant payments with their smartphones are the option with true staying power.

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  • Bank of Nova Scotia: The Perfect Bank Stock for Millennials

    The Motley Fool; Online; August 2016

    Royal Bank of Canada might have the most assets and net earnings of any Canadian bank, but when it comes to courting millennials, Bank of Nova Scotia has its peers over a barrel—a digital one, that is.

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  • Higher Expectations. Why the right digital strategy is critical to banking now

    Banking Exchange; Online, August 2016

    What is the role of traditional financial services institutions in a digital world? Most sources agree financial institutions will need to retain their traditional value proposition while deploying digital.

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