Although using big data to streamline business operations is becoming more common, it’s also creating new compliance issues. Sorting through massive amounts of information to determine what is useful and organizing it in the most beneficial manner poses new risks for keeping the information protected. Here are some reasons why. Big Data Is Overwhelming Although… Read more »
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Although increasing numbers of millennials are entering the workforce, many employers believe they’re not equipped for leadership roles. Here are four ways you can show you’re able to lead at any age. Discover Problems and Create Solutions As a leader, you’re expected to solve problems as they occur and make every effort to prevent them… Read more »
The more effective your financial institution is at identifying and mitigating financial crime risk, the stronger your institution’s reputation and customer base. Follow these guidelines for reducing your institution’s risk of financial crime. Establish Corporate Culture It’s important your financial institution establish and enforce appropriate corporate culture that includes actively reducing financial crime risks. For… Read more »
There will be times when you need to decide whether you should keep your current job or move to another position. Since this decision affects every aspect of your life, it’s important you allow clear thought and planning before making your choice. Follow these guidelines when deciding whether you’re making a career change for the… Read more »
When doing business with third parties, you need to be aware of the risks you may be facing. Although third parties may have access to sensitive information, many companies believe vendors wouldn’t notify them if there were a data breach. Therefore, it’s important you have your own cybersecurity system in place for vendors. Follow these… Read more »
When you take on the responsibility of making all business decisions yourself, your company suffers. Here are some reasons why and how you can change your outcome by asking for help. Making Bad Choices Affects Business When you’re making too many decisions on your own, you end up making bad ones that negatively affect your… Read more »
Staying informed on the finance industry is a key part of your career growth. Find out more about major financial events by reading these four books. Barbarians at the Gate: The Fall of RJR Nabisco by Bryan Burrough and John Helyar Barbarians at the Gate details the contentious buyout of RJR Nabisco in 1988. Authors… Read more »
Although cyber attacks are increasing in frequency, there tend to be different ideas as to mitigating the risks. Find out what the government is doing to help lessen the threat of cyber attacks and how you can help. Starting Process Now Because a study performed by The Depository Trust & Clearing Corporation (DTCC) shows… Read more »
In February 2016, financial messaging system Swift inadvertently let hackers steal $81 million from Bangladesh’s account at the Federal Reserve Bank of New York. As a result of this and other cyber attacks against Swift’s users, U.S. banking regulators are increasing their oversight of the Belgium-based company and the financial institutions it serves. Response to… Read more »
Chances are you’ve heard about financial recruiters, but never actually used their services. Here are four ways a financial recruiter may help your company increase your bottom line. Provide Qualified Candidates A financial recruiter understands the job market and has insight into top candidates. A recruiter knows the best talent in the finance industry, including… Read more »