This October marks the 15th annual National Cybersecurity Awareness (NCSAM) month. The need to better protect our nation’s critical infrastructure – otherwise known as the vast, worldwide connection of computers, data, and websites supporting our everyday lives, has never been at a more critical junction. With the volume and velocity of today’s data breaches, it’s more important than ever for individuals and businesses to proactively address the exposure of personal and confidential information. Continue reading
As new technologies emerge to transform the status quo, so does the opportunity for innovation around banking and payment services. Financial business leaders everywhere need to ensure they are investing in the right technology, and in some cases move away from legacy operations, even if it eats their own lunch.
But, as new technologies emerge, so to do the threats facing the industry. A lot of this has to do with the accelerated adoption of a digital lifestyle by consumers and enterprises. As a result, financial institutions must evaluate all possible risks to uphold the security standards of their account holders who entrust them with their sensitive personal and financial data. Continue reading
In a world saturated with millennial-focused advertising, financial institutions are turning a blind eye to a very important demographic group: baby boomers. Many financial institutions place boomers in the bubble of anti-technology and dwindling funds. Not only are these stereotypes problematic, they can lead to a substantial loss in potential business. Continue reading
Driven by a pressure-cooker competitive environment, shifting consumer perceptions and growing security concerns — a not-so-new opportunity in banking has re-emerged.
Identity protection has once again become an optimal opportunity in banking. As cybercrime costs the financial services sector more than any other industry, and consumers increasingly demand engaging financial wellness experiences, financial leaders are starting to take a proactive approach to both by providing targeted identity protection offerings. Continue reading
EZShield recently attended this year’s America’s Credit Union Conference in Boston. During the conference, our VP of Marketing Laura Bruck had the pleasure of presenting on Enhancing Trusted Relationships in an Environment Plagued with Data Breaches and Identity Theft. Continue reading
In a world of mounting risks and waning attention spans, effectively marketing your identity protection program is imperative to your success. That’s why EZShield takes a partner approach to identity protection. We don’t just offer a proven product. We help financial institutions align world-class protection with targeted marketing materials and multi-channel communication plans to ensure success. Continue reading
Webinar Teaser: Q&A with Terri Burton
“The Rebirth of Identity Protection in Banking” is less than two weeks away! We decided to go behind-the-scenes and chat with Terri Burton, EZShield’s channel marketing solutions manager, who will also be moderating our upcoming webinar. Burton has worked closely with our speaker, Laura Bruck, vice president of marketing & solutions strategy, to bring this webinar together. Let’s see what Burton had to say about the significance of this topic within financial institutions. Continue reading
Financial institutions spend three times more on cybersecurity than other industries, according to a new report by Kaspersky Lab.
This critical investment in cybersecurity is warranted as cybercrime continues to plague the industry. With record-breaking numbers of data breach events – and the growing sophistication of phishing scams – cybersecurity threats relentlessly target both financial institutions and the accountholders they’re responsible to protect.
I recently had the honor of speaking at 2018 CBA LIVE with Kevin King from ID Analytics. It was a truly remarkable event with inspiration around every corner. We felt at home in our session on the growing risks of synthetic identity theft per the conference’s “Beyond The Bank” theme this year.
CBA LIVE Beyond the Bank perfectly framed the collective conversation, as it encompassed consumers’ growing demands within the space that are increasingly falling outside the traditional banking realm. Continue reading
New fraud statistics from Javelin Strategy & Research’s Report, 2018 Identity Fraud: Fraud Enters a New Era of Complexity reveal growing consumer sentiment toward financial institutions as identity crimes hit another record-high. This comes despite industry best efforts to mitigate fraud. Continue reading