Community banks can get up to speed on current legislation and regulations to both protect their customers from unauthorized or false deposit account transactions and to prevent them from happening in the future.
New ways to upend security at branches can leave community banks vulnerable to criminal episodes. From cameras and recorders to network-based solutions and even biometrics, we highlight four of the newest technologies that can protect bank assets, associates and customers.
Whether it’s a bank employee or a contractor, effective cybersecurity procedures and practices are paramount to protecting the bank, its employees and its customers.
While social distancing measures may be eased in many areas, they’ve had a large effect on branch security over the past year. Here’s what to look for when doing a physical security assessment to account for the latest trends in customer—and criminal—behavior.
Recent data shows that the pandemic has allowed fraud to grow. Cybersecurity experts share ways for community banks to prevent potential attacks, as well as information to pass onto customers to arm them with fraud prevention strategies.
First-party fraud puts banks in the tough position of deciding which account applicants are synthetic and which are real. But experts agree that there are ways to can use technology and collaboration to mitigate this growing type of fraud. By Colleen Morrison It’s a crime that can take months or even years to pull off. […]
Today’s community banks have a full suite of resources to keep their customers and their information secure, including biometric authentication. But in the past decade, states have been eyeing new laws to regulate the use of this growing cybersecurity technology. By Mary Thorson Wright The federal Gramm-Leach-Bliley Act (GLBA) requires financial institutions to protect the […]
Cybercriminals are taking advantage of ransomware’s low barrier of entry to compromise data and networks from banks, service providers and even customers. But experts say community banks can protect themselves with education, data management and security procedures. By Karen Epper Hoffman Cybercrime often mirrors crime in the physical world, and nowhere is this more apparent […]