by instnt | Sep 6, 2022 | Blog
With the digitization of services used by both consumers and businesses on a daily basis, there is an increasing reliance on the use of identity to access and make use of apps, devices, and networks. Our identity not only allows us to access an app but can also...
by instnt | Aug 30, 2022 | Blog
Banking fraud is growing in size, speed and frequency… just like the digital mediums they prey on, making it more rampant and expensive than ever. According to the ABA Banking Journal, in 2021, it cost U.S. financial institutions a staggering $4.00 for every $1.00 of...
by instnt | Aug 23, 2022 | Blog
Despite your best efforts, there is always a risk that your data systems could be breached. Such a breach can also bring your business to a halt. A good risk management plan helps you to act fast when your systems fail or are compromised. Taking steps while there is...
by instnt | Aug 16, 2022 | Blog
As part of Know Your Customer (KYC) guidelines, firms must conduct Customer Identification Programs (CIPs) to verify that customers are who they say they are and that they are being truthful about the nature of the businesses in which they are involved. What Is a CIP?...
by instnt | Aug 9, 2022 | Blog
Most companies are aware of the threat of fraudulent account creation and take significant measures to prevent it from happening. While this is a solid strategy, it’s important to be aware of the threat of account takeover (ATO) fraud as well. Account takeover fraud...
