The Dodd-Frank Wall Street Reform and Consumer Protection Act enacted in 2010 required the U.S. Federal Reserve to conduct annual stress tests for banks with a minimum amount of assets. C-suite leadership of these banks take these stress audits very seriously and devote ample resources and efforts to prepare for these reviews. This includes their…

How many times have you seen the following scenarios play out? A big news event occurs, and TV networks rush to get the story out before everybody else. Unfortunately, the early conclusions made about the event turn out to be completely wrong once additional facts come out. In another example, a video snippet showing someone…

As cyber threats become more sophisticated and prevalent, organizations of all sizes face an ever-increasing risk of becoming victims. That isn’t hyperbole. Check Point Research found that cyberattacks increased by 38% in 2022, compared to 2021, and weekly attacks increased by 7% in the first quarter of 2023 compared to the same quarter in 2022. While businesses must…

Over the past few decades, the business world shifted from filing cabinets overflowing with paperwork to a cloud-first approach where pen and paper are obsolete. Today we live in an almost limitless digital world that has afforded well-intentioned businesses with uncountable advantages. However, as our reliance on technology has grown, so too has the threat…

The notion of being audited is often associated with negative connotations. It can even be a little scary. Let’s face it, no one wants to get a letter from their country’s tax enforcement division that they are being audited. Whenever there is some type of governmental scandal, the first course of action is to conduct…

Have you ever hidden a house key under a doormat or flowerpot on your porch for a trusted friend to use on occasion? Have you ever made a copy to give to one of your neighbors to use in emergency situations when you are out of town?  Ever tape a key to your car underneath…