On May 11, 2018, a new rule went into effect that requires financial institutions to gather additional information from legal entity (business) customers. The Certification Regarding Beneficial Owners of Legal Entity Customers requirement, or "Beneficial Ownership" for short, was created to help government and law enforcement fight money laundering and terrorism by identifying exactly who benefits from a company's revenue and who actually controls the goings-on within the business.
The bad guys just LOVE tax season.
This year, they've been busy coming up with lots of new ways to get their greedy hands on our hard-earned refunds.
It seems like there's a week for everything these days. National Pickle-Eating Week. International Pencil-Sharpening Week. Train Your Dog To Jump Rope Week.
Meltdown and Spectre.
Care to guess what these two words represent? They're not rock bands, and they're not new Marvel villains ready to face off with the Avengers. (Disclaimer: Ok, so my Marvel-ous coworkers have corrected me; there are actually some minor Marvel characters named Meltdown and Spectre. These aren't them.)
Justin Allred is a man who wears many hats. He also sells them.
Even if you've never heard the term "Internet of Things" or its more-often-used abbreviation "IoT," you've probably thought of it. You've definitely used it. And you've probably been frustrated by it. Maybe, even, you can't live without it.
On September 7, 2017 Equifax, one of the "big three" credit bureaus, announced a cybersecurity incident that enabled fraudsters to access the personal information of about 143 million consumers.
As a current branch employee (and former teller) with Bank Independent, one of the most common questions I hear from our customers is, “Why do you always ask for my ID?”
Did you know that ransomware can infect your mobile phone? Even though the national news keeps us aware of the viruses and malware attacking computer networks around the globe, a lot of us remain oblivious to the cyberthreats looming over our mobile devices--including ransomware.