Blog

Don’t Get Caught Hook, Line & Sinker

Phishing has historically been a high-level threat to security, and the past year has been no different. According to the Verizon Data Breach Investigations Report 2021, phishing is present in 36% of data breaches reported. This is an increase of 11% from 2020. Phishing attacks attempt to get an individual to provide vital security details…
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August 12, 2021 0

Considering the Options: Hosted Environment and/or Service Bureau Processing

In the ever-changing financial landscape, bank executives are often faced with many looming questions. These questions may involve operational decisions for their bank, including whether a hosted environment is a good fit for them versus self-managing their own environment. They might also consider if moving to a service bureau for processing would be more efficient…
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July 15, 2021 0

Growth Mindset

Since its inception in April 2016, IDS On-Time (IDSOT) has seen incredible growth. Many years have passed since our initial bank was onboarded, and we now process for 72 banks. We handle increasingly more processing tasks on behalf of our banks, and we have increased staffing levels significantly over the years. These are some of…
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June 7, 2021 0

Two-Step Verification (2SV)

A majority of sites and applications typically require the use of a username, as an identifier, and a password, as a primary authentication method. Depending on assessed risks and the sensitivity of data accessed through the login form, a more secure login posture may be required. A MultiKey authentication system provides the opportunity to configure…
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April 12, 2021 0

Three Steps to Reduce Your Attack Surface

As more and more malicious actors are roaming into the wild trying to gain access to any system they can, it is important that banks review and reduce their “attack surface.” An attack surface is simply, the number of possible ways a malicious actor can get into a device or network and extract data. This…
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November 9, 2020 0

Mobile Banking Security

There is little doubt that mobile apps have made the banking process more convenient for people. According to the FBI, United States financial providers estimate more than 75% of Americans used some form of mobile banking in 2019. And since the beginning of 2020, there has been a 50% surge in mobile banking. With this…
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August 17, 2020 0

Securing Your Bank’s Internet of Things

I recently heard about a number of stories circulating in regard to malicious actors using everyday devices you have installed and connected in your businesses and homes to hack you. This article provides some further expertise and knowledge on the subject matter. The Internet of Things (IoT) consists of almost anything electronic, nowadays. What determines…
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July 7, 2020 0

The Battle to Keep Electronics Up to Date

Keeping electronics up to date always seems like a losing battle. As soon as you upgrade something, there’s some new tech ready to replace it. In college, I upgraded my phone from whatever the cheapest one was to a Galaxy S7. I was feeling pretty confident, I had the latest and greatest. I felt cool.…
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June 22, 2020 0

What We Learned about a Remote Workforce

Many companies were not prepared for remote worker arrangements this spring, as COVID-19 uprooted everyday life and businesses around the globe. When a huge number of workers needed to be sent home, it exposed how unprepared some businesses were for this change; however, it also showcased how, even unprepared, businesses rose to the occasion. They…
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April 27, 2020 0

We’re Here for Our Partners

We currently stand at a pivotal time in human history, with most of the world at a stand-still and sequestered at home. There are a lot of questions. How many lives will be lost? How long will it last? What are the long term effects? Will my small business survive without income for months on…
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April 21, 2020 0