BSA/AML System Validation

By |June 29th, 2022|Security|

An AML model validation determines whether the model is performing as expected and the model is in line with the bank’s objectives and business uses. An effective model validation helps a bank ensure its model is sound; it also identifies any potential limitations and assumptions while assessing the potential impact of those limitations. If [...]

What is a Zero Day Attack?

By |June 22nd, 2021|Security, Security Tips|

Each day organizations face many types of security vulnerabilities. They are tasked with keeping their customers, employees, and their data safe from cyber-attacks. One of the most common yet difficult vulnerabilities to protect against are zero-day attacks. Software programs and hardware often have unintentional flaws called vulnerabilities. These types of weaknesses can create complicated [...]

Vishing – Just as Dangerous as Phishing Scams

By |March 26th, 2021|Security, Security Tips|

There is no shortage of phishing scams being perpetrated every day, but one that has continually flown below the radar is vishing scams, also known as voicemail scams. Just like phishing emails, a vishing scammer tries to persuade you into divulging sensitive information for their ultimate benefit. Vishing involves cybercriminals calling potential victims, sometimes [...]

2021 Security Predictions

By |March 26th, 2021|Security, Security Tips|

At the end of each year, security firms discuss valuable information security lessons learned, as well as what they foresee happening in the year ahead. 2020 was an unprecedented year and was filled with uncertainty. However, the one thing we know for sure is bad actors will continue to test the limits of security. [...]

5 Reasons Network Assessments Are Necessary

By |March 26th, 2021|Security, Security Tips|

After a certain number of miles, your car is scheduled for a checkup. This ensures that you catch potential problems ahead of time that can possibly leave you stranded on the side of the road. It also makes sure your car is running at its optimal performance. The same can be said for a [...]

What is Ransomware and How to Protect Your Business

By |March 26th, 2021|Hacks, Malware, Security, Security Tips|

One of the most dangerous cybersecurity threats is ransomware. Ransomware is malware that locks down data by encrypting it and basically holding it hostage until a ransom is paid. Ransomware has been around for a while but the strategies in which criminals use them have progressed and experts believe they are getting worse. Ransomware [...]

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