Author: seth

Bitcoin has brought virtual currency into the spotlight, but few understand how it works and why it matters. Garland Heart webinar this month feature guest presenter Andy Beal from Crowley Corporate Legal Strategy introducing you to the technology behind Bitcoin, its relationship with banks and its potential effects on the global financial system.

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Pressures upon financial services organizations a

re rising today more than ever. Customer loyalty is more important to banks now than in the past, but with growing concerns over information security measures, it’s getting harder and harder to keep customers happy. Many banks are placing a lot of emphasis on modernizing their systems by updating how they utilize technology in big ways. One popular method involves changing their website domain name in order to make their sites more secure.

 

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Recently, security breaches of major websites, companies and banks seem to be appearing in the headlines more and more frequently, and with increasingly more critical effects. If you’re wondering how these events will affect you, you’re not alone: in a recent survey, 97 percent of CFOs believe that cyberattacks are their biggest threat. Fortunately, the situation is not as frightening as it might first appear. Still, you need to do your utmost to ensure your financial network security. Keep reading to learn some essential steps that will help keep your banking institution and its data safe.

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Acquiring talented IT security professionals is a big task for any organization, especially considering the rapidly growing skill and generation gap in cybersecurity. In fact, the only thing that’s more difficult than acquiring highly skilled employees is figuring out how to retain them once they’re hired. This is particularly true given the highly competitive nature of the IT security industry, which means there are always other opportunities for growth and even offers for higher compensation waiting in the wings.

For that reason, your biggest “selling point” to your organization’s own employees is finding a way to offer all of those benefits to them in-house. Along with competitive compensation, your company also needs to provide a stimulating and productive work environment, and plenty of opportunities for your IT professionals to learn new skills and work on challenging new goals.

Here’s how you can accomplish just that.

According to a new report by Deloitte, CFOs regard cyberattacks as one of the most worrying disasters that threaten to affect an enterprise’s financial well-being. In response to the Deloitte survey, 97 percent of CFOs of large firms in North America said that cyberattacks are the biggest threat they face.

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Protecting company records as well as private and confidential customer information is a top priority for many businesses. After all, just one security breach can devastate large companies and possibly destroy smaller businesses. Comprehensive IT security is especially important for those organizations in the retail industry.

According to a recent study, retail organizations are three times more likely to face security attacks than those organizations in the financial sector. In fact, the retail industry faces more attacks per number of clients than any other industry. These facts make it crucial for IT professionals to be prepared to identify and prevent all types of retail security breaches — but are today’s retail IT professionals really prepared to meet these ever-growing security threats? 

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Thanks to all that were able to attend our webinar last Friday on Social Media and Compliance. It was our highest attended to date. If you are wanting the slides for the presentation, you can download the PDF here Social Media & Compliance . Next month, September 3rd, we will be continuing this topic by showing some examples of policies and technologies that are affecting this space.

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