Posts in Category: Cyber

Blog Post List

Webinar: The Impact of Wire Transfer Fraud and Prevention Best Practices 

October 23, 2019, 2-3 pm

Upcoming: At our October 23 webinar, Lisa Micciche and Ann Gardiner of ABA Insurance Services will focus on critical best practices that bank staff can take so that they can actively protect their customers’ identities, accounts and funds.

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Prevent the ransomware epidemic from infecting your organization 

by Heather Wyson-Constantine, Vice President of Payments and Cybersecurity, American Bankers Association

By now, you’ve mostly likely heard the news: ransomware is here and it’s a problem. The impact can be devastating. Imagine not being able to access your email, customer information or vital records for days or even weeks. Victims not only face monetary losses associated with the ransom and loss of business during the downtime, but also the additional forensics costs, the loss of employee productivity and, most importantly, customer trust.

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Court rules in bank’s favor in an account takeover case. 

What does this mean to you?

In a relatively high profile court case, an appellate court ruled in favor of the defendant/bank rather than the plaintiff (the bank’s customer) in a dispute over an account takeover claim and reversed a lower court opinion, ruling that the bank may seek attorney’s fees from the plaintiff. In many respects, the decision handed down will be a significant influence on future court cases and also on security/verification procedures a bank mandates or places on accounts regarding account transfer requests.

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SafeAlert: Phishing Schemes Show No Signs of Slowing 

Many electronic crimes begin with phishing emails used to induce individuals to divulge private information or to click on a malicious link that downloads malware onto a computer network. Often these emails are highly targeted and appear legitimate to even the most skeptical recipients. An effective cybersecurity strategy is critical to combat electronic crime.

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Cyber Insurance Webinar: What is your bank doing to manage risk? 

Replay of cyber risk management webinar

Cyber risk management webinar for banks and their agents: What are the latest and common online, email, or social media scams out there that your employees or customers may fall for, and what can you and they do to avoid becoming another victim?

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The PIA Partnership teams up with ABA Insurance Services for "Cyber 101" series  

Cyber 101 includes webinars, infographics and online interactives

Cyber 101 is designed to help agents gain practical knowledge about cyber risks faced by businesses--as well as coverages to help protect those businesses--and to determine what to recommend to clients and prospects.

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