A readiness checklist for meeting the upcoming Windows Server 2003 replacement deadline Microsoft Corp. will end technical security support for its popular Windows Server 2003 operating system in July–and community banks should start making their upgrade plans now, if they haven’t already, technology experts say. Delaying action toward upgrading to a newer Windows platform will …
Five steps for sustaining rigorous network security against constant cyberattacks Hackers are using sophisticated, automated tools to cast a wider net than ever before. Even small and medium-size community banks need to continually review their security procedures. This is especially true this year, with major breaches showing that nobody is safe. Here are five best …
It’s called ATM cash-out fraud, and it’s a new data security threat where physical attacks and cyberattacks converge. Earlier this year, federal regulators warned financial institutions against criminal attacks on their ATM systems. But instead of breaking into the physical machines directly, some criminals are now aiming at the bank systems that control the machines. …
The United States government and the United Nations Security Council recently introduced sanctions designed to discourage companies from doing business in Iraq. But experts are split on whether they will have much of an effect on treasury and finance departments — or even if more sanctions are on the way. In early August, the U.S. …
How Will Iraq Sanctions Affect Treasury and Finance? Read More »
Escalating tensions in the Ukraine and fears that Russia might cut off gas supplies to Europe are creating an ever more difficult environment for multinationals with operations or partnerships in the region.
Just because your community bank isn’t one of the giants of the financial industry doesn’t mean it’s off the target list of today’s proliferating cybercriminals. But that doesn’t mean that community banks with limited resources have to go out and start spending large sums of money on IT and data security, experts agree. “Focus on …
Back to Basics: IT security routines that won’t break the budget Read More »
Multifactor authentication, the process of using more than one method or system to confirm the identities of consumers online, has been around for years. But recent regulatory guidelines, increasing criminal activity, lower costs and growing consumer acceptance have combined to bring the technology into the process for community banks more than ever before. “The fact …
Treasury and finance executives whose companies do business in Russia, the Ukraine, and other former Soviet republics are already seeing the effects of the mounting crisis on their bottom lines. The turmoil has caused the ruble’s exchange rate to plummet, making it more expensive for companies to import goods into Russia and to service existing …
Ukraine Turmoil Wreaks Havoc on Treasury and Finance Groups Read More »
Treasury and finance executives whose companies do business in Russia, the Ukraine, and other former Soviet republics are already seeing the effects of the Crimean crisis on their bottom lines. The turmoil has caused the ruble’s exchange rate to plummet, making it more expensive for companies to import goods into Russia and to service existing …
Finance professionals are putting big data tools to use to drive revenue Online job search site TheLadders matches senior-level professionals with high-paying jobs, and the company is investing in data analytics to make those matches more accurate for users. But the company’s financial department will benefit from the new focus on analytics as well. “Normally, …
Get Proactive: Finance professionals are putting big data tools to use to drive revenue Read More »
Overstock.com, the second-largest online retailer in the U.S., has begun accepting Bitcoin as payment for all purchases. “Bitcoin’s first full day on @overstock.com was a huge success: 840 orders, $130,000 in sales. Almost all new customers,” tweeted Overstock CEO Patrick Byrne. Along the way, Overstock sidestepped the challenges surrounding Bitcoin acceptance, including price volatility, lack …
Bitcoin of the Realm: Overstock.com Accepts Virtual Currency Read More »
Merchants are starting to accept Bitcoin–overcoming challenges and earning new customers in the process In 2013, Bitcoin was primarily known for its use in nefarious activities, such as money laundering, drug dealing and hiring assassins. In addition to not wanting to be associated with this kind of behavior, legitimate companies avoided the cryptocurrency because of …
Bitcoin, a virtual currency, was recognized by the US Department of Justice as a “legal means of exchange” last week, and the number of companies accepting it in payment continues to grow. The most recent additions to the Bitcoin club include Virgin Galactic and Europe’s University of Nicosia. A number of smaller companies also accept …
Bitcoin gains legitimacy with US government, companies Read More »
