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According to a recent article in the Institutional Asset Manager Newsletter, the financial sector was one of the most targeted by cybercriminals in 2020 during the Covid-19 pandemic at a time when rapid shifts in working practices left organizations vulnerable. In the first emergency phase of the pandemic in Q2 2020, ransomware attacks on financial organizations…

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While security breaches represent a clear and present danger for any business model, it is especially true for financial institutions – particularly those that are small to mid-sized and don’t necessarily have room for a building of IT experts in the operating budget. Building out formal best practices and following them to the letter can…

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Protect your customers and your reputation Your financial institution deals with sensitive material, and you must ensure that your customers’ information and your assets are protected. You need to have an experienced IT compliance and cybersecurity company to assist and create a custom solution for your institution. IP services literally wrote the book on implementing best practices for managing IT…

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