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Florida City Pays Hundreds Of Thousands To Hackers

PYMNTS

Lake City, a community of about 12,000 people west of Jacksonville, forked over hundreds of thousands of dollars after a ransomware attack crippled its systems. I thought we had a backup, but obviously we didn’t have a good enough backup for this kind of attack,” said Joe Helfenberger, city manager in Lake City.

Florida 100
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The Big Gorilla

Independent Banker

Far more than any other issue, regulatory compliance is the biggest challenge community bankers experienced in 2015, with 43 percent naming it as such in ICBA’s State of the Community Banking Industry survey. First Security, a $180 million-asset community bank in New Salem, N.D., By Denise Logeland. Fearful of mistakes.

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Getting Mobile Ready

Independent Banker

Big-brand megabanks, the Visa and MasterCard networks, and big-box merchants had signed up to become partners with Apple’s universal retail smartphone app that uses Near Field Communication and tokenization technologies. So where do ballyhooed mobile banking and payments developments among the biggest players leave community banks?

Mobile 105
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Banking's Total Return Top 5: 2015 Edition

Jeff For Banks

But management went to work. through its subsidiary BNC National Bank, offers community banking and wealth management services in Arizona, Minnesota, and North Dakota from 16 locations. If I haven't confused you enough, they have an SBA division that originates loans in the Jacksonville, Ft. What a ride! #3. BNCCORP, Inc.