In our ever-evolving world of technology, we feel the need to be connected All. The. Time. We also say things like, “Let’s unplug for the weekend” or “I won’t look at social media for 24 hours”. However, when we are on the go, we still want to feel connected to the world and our inner circle.
Cybersecurity may sound like something that only IT groups have to worry about, but it's not. The vast majority of cybersecurity “hacks” can be traced back to an individual making a mistake like clicking on a bad hyperlink or opening an attachment in a bad email.
As you may already know, this month is National Cybersecurity Awareness Month (NCSAM). So we thought it would be important to focus on who these criminals are targeting and how large their impact can be.
This month is National Cybersecurity Awareness Month (NCSAM) which focuses on the importance of cybersecurity. In the months leading up to NCSAM, a collaboration between government and industry leaders takes place to increase awareness on the importance of cybersecurity and providing Americans with the information they need to keep themselves safe online.
In 2003, the Department of Homeland Security and the National Cyber Security Alliance launched National Cybersecurity Awareness Month (NCSAM). This is a collaborative effort to raise awareness about the importance of cybersecurity and to help Americans stay safe and more secure online. NCSAM is held every October and each year they promote a theme and key messages throughout the campaign.
The Community Reinvestment Act (CRA) isn’t a new concept to the banking world by any means. We have probably all heard of the CRA, but do we know enough about it and how it can affect our community banks?
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In early September, the FDIC sent out a financial institution letter requesting comments from Chief Executive Officers and Chief Financial Officers of community banks on interest rate restrictions applicable to institutions that are under capitalized. This letter applies to community banks with total assets less than 1 billion dollars and are FDIC insured.
Joe Ehrhardt, CEO and Founder of Teslar Software, participated in the 2019 Banking and Finance Symposium hosted by The University of Mississippi last week.
In June of 2019, the FDIC released their annual report on the performance of Minority Depository Institutions (MDI). This report has been produced annually since 2001 and provides an excellent outlook on how MDIs are doing across the country.