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Why Safe Systems Made the Switch from Java to Amazon Corretto for Network Management
Java is a programming language and computing platform first released by Sun Microsystems in 1995. On April 16, 2019, Oracle (who owns Java and its development) changed its client-based Java model from free to fee-based. This created a huge issue in the marketplace because so many businesses, consumers, applications used Java and based their code […]
Top 4 Security Solutions for a Layered Approach to Cyber Incident Response
When an incident occurs, it is critical for financial institutions to have proper logging tools in place to contain and control the incident and provide evidence to key external stakeholders such as law enforcement, third-party forensics teams, cyber insurance companies, etc. However, not all financial institutions have an advanced centralized logging system to perform perfect, […]
Best Practices for Developing a Compliant Cyber Incident Response Program
If you think a cyber incident won’t impact your financial institution, you are seriously underestimating the lengths cybercriminals will go to steal your customers’ or members’ non-public information. According to a new report from NuData Security, a Mastercard company, financial institutions receive the highest percentage of sophisticated attacks (96%) amongst all industries. As cybercriminals continue […]
After a Year Unlike Any Other, What Community Banks and Credit Unions Should Budget for in 2021
In 2020 we’ve learned a lot about ourselves, and whether the general population realizes it or not, they have learned a lot about something often relegated just to banking: Risk Tolerance. And with that in mind, here are seven key items that your institution should consider while budgeting for 2021: 1. Laptops Supply is down, […]
Three Often Overlooked Elements of an Effective and Compliant Incident Response Plan (IRP)
In today’s security environment, it’s not if a cybersecurity incident will impact your institution, but when and how big? That’s why having an effective and compliant incident response plan (IRP) is so important to ensure your institution is prepared for the unexpected and equipped to recover. When a financial institution experiences a cyber incident, the […]
Why Security Solutions Fail and What Your Financial Institution Can Do to Stay Safe
From the beginning of the pandemic, the financial sector has seen a rising number of security threats. With more employees working remotely and increasing their online activity, cybercriminals are finding success using attacks like phishing and social engineering to take advantage during these uncertain times. These attacks have prompted financial institutions and other organizations to […]
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