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Cybersecurity Awareness Month: How financial institutions can stay safe and secure online

Abrigo

It’s the time of the year when we celebrate Cybersecurity Awareness Month, a global initiative to raise awareness and educate people about the importance of staying safe and secure online. Cybersecurity Awareness Month is now in its 20th year and has a new enduring theme: Secure Our World. Stay up to date with cybersecurity threats.

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Connect, Share and Like–Social Media Changed How Journalists and Companies Interact

William Mills

In just a short decade, social media has grown from a couple of platforms connecting music fans and college students to the de facto channel of communication for millions of people every day. How pervasive has social media become? Social Media is for Building Relationships, Not Spamming Ideas.

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Six Ways to Protect Yourself and Your Family on Data Privacy Day

Perficient

This article was co-written by Iman Watson, senior solutions architect, and Kailey Hughes, lead development representative. As we mostly are working remotely these days, securing your space when you’re not in the safeguards of the office walls are critical. Create a Secure Password. Secure your Wi-Fi Network.

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Prevent pig butchering scams: Safeguarding against investment fraud

Abrigo

Avoid fraud losses from pig butchering scams FinCrime professionals looking to prevent pig butchering scams in the age of cryptocurrency can follow these steps to tighten security. Would you like other articles like this in your inbox? A scam usually begins with online contact via social media or dating apps.

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Study: More People Fall Prey To Fraudsters Online Than By Phone

PYMNTS

A recent study about how people respond to scammers shows that consumers are more likely to become victims on social media and online marketplaces than over the phone, The Wall Street Journal reported on Sunday (Sept. Researchers found that the majority of consumers fell prey to scammers on legitimate websites and social media. .

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Bank wire fraud – How social engineering and technology perpetrate fraud losses

Abrigo

Would you like other articles like this in your inbox? They employ technology and social engineering tactics, reaching victims through email, social media, and text messages. Create and follow your internal processes for communications and security. Bank wire fraud is growing and becoming more complex.

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Silicon Valley Bank Failure – Lessons in Interest Rate Risk Management

South State Correspondent

While we will cover the general lessons HERE , in this article, we wanted to focus on the root cause – how and why interest rate risk caused the second-largest bank failure in US history (Washington Mutual was the largest in 2008). Equally important is the bank’s securities duration, as shown in the graph below.