Information Technology for Directors Q3 2021

July 15, 2021

Year over year from 2019 to 2020 there has been a 158% growth in ransomware in North America. And attacks are growing increasingly sophisticated. Protecting your bank from cyber-attacks is an everyday reality for you. This issue of Information Technology for Directors is entirely focused on the cyber-security threat of ransomware.

Information Technology for Directors Q2 2021

April 13, 2021

Can Your Technology Keep Up?
There are more cyber security risks and competitive threats to traditional financial institutions than ever before. These increased risks are creating challenges for some institutions however they are also creating opportunities for others. Following is a review of the drivers of these risks and some thoughts on how to turn these risks into opportunities

Information Technology for Directors Q1 2021

January 18, 2021

70% of bankers said that cyber risk is the most important risk they face.

There has been a substantial increase in the number of cyber-attacks that impact the banking industry.

Harden Your Cyber-Defense by Reducing Your Attack Surface

January 14, 2021

Insight from BankOnIT

Defense strategists for millennia have relied on a straightforward tactic to create advantage against invaders: reduce the attack surface. That is, limit the number of different points where an enemy can potentially gain entry to attack.

Another Ransomware Event

November 23, 2020

A ransomware attack has impacted community banks and mortgage companies across the nation and compromised critical customer data held on-site at banks. The attack targeted an MSP that services banks and financial institutions, and exposed personal information including customer loan amounts, tax ID numbers, private emails, and credentials.

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