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Financial Product & Services, Inc. Blog

By Ted Frizen 28 Jun, 2022
What is multi-factor authentication? Simply stated multi-factor authentication is the use of two or more authentication factors in order to verify a user’s identity prior to gaining access to your system.
By Brian Mobley 28 Jun, 2022
Protecting the privacy of consumer information held by financial institutions is at the heart of the financial privacy provisions of the GLB Act.
By Jon Goodson 28 Jun, 2022
In order to properly prepare for breaches in security, banks must tighten their data security controls and plan methods of customer notification.
By Brian Mobley 16 Feb, 2022
In a financial institution, employee theft is always a concern and that risk is amplified by the current state of the economy.
By Jon Goodson 04 Feb, 2022
Background screening of prospective employees is an effective risk management tool that can reduce employee turnover, deter theft and embezzlement and prevent litigation over hiring practices, especially in the financial industry.
By Ted Frizen 19 Jan, 2022
These days more people are working remotely than ever before and many tasks previously done in person are happening online, including banking.
By Jon Goodson 17 Dec, 2021
As businesses continue to rely on computers and digital storage of essential data, cyber attacks will continue to be a potential exposure.
By Jon Goodson 12 Dec, 2021
When a data breach or other cyber event occurs, the damages can be significant, often resulting in lawsuits, and serious financial losses.
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