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Cubus Solutions Newsletter: February 2017

 

Corporate Date Breaches. What You Should Now.

The number of U.S. data breaches tracked in 2016 hit an all-time record high of 1,093, according to a new report released by the Identity Theft Resource Center (ITRC) and CyberScout. This represents a substantial hike of 40 percent over the near record high of 780 reported in 2015. For the eighth consecutive year, hacking/skimming/phishing attacks were the leading cause of data breach incidents, accounting for 55.5 percent of the overall number of breaches, which is an increase of 17.7 percent over 2015 figures.

ITRC identifies data breaches in five industry sectors. In 2016, the business sector again topped the list in the number of data breach incidents with a rate of 45 percent of the overall breaches, with the banking/credit /financial sector at the lowest rate of 4.8 percent.

Phishing attacks, in which an employee is tricked into clicking an e-mailed link to give hackers access to a corporate network, accounted for about 56 percent of all breaches last year, according to the center. That’s up from 38 percent in 2015. In many cases, employees received an e-mail purporting to be from their company’s chief executive officer or other high-level managers. One of the lessons here is that training employees about data privacy and security is essential and can significantly decrease your risk.

~John-Ashley Paul, President/CEO

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Cubus One 3.1 Release: Coming this spring!

New solutions available to make your member’s financial lives easier.

  • Cubus One – Touch ID
  • Cubus One - Voice Banking
  • Quick Pay – Pay Loans with Cards, PayPal or ACH; Members can pay from your website or behind Online Banking
  • Same Day ACH with Cubus Transfers – ACH Origination Solution
  • Skip-A-Pay - Responsive User Interface
  • Let members pay Skip fees with Cards or PayPal

Contact our sales team for more information on these exciting new offerings!

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Deep into social media?

If you are looking for effective content for your social media platforms, we've found a list of the top ten types of sharable content. Consider these ideas as you build your credit union's own social media content marketing strategy and online response plan.

See the List

What’s In and What’s Out for CUs in 2017 - At the end of each year, the Washington Post puts together a definitive, subjective, and fun list of what’s in and what’s out for the year ahead. In this short article, the author puts together a list of what’s hot and what’s not in the CU industry. Take a look.

Read The Article

Dodd-Frank Repeal?- More like what to watch, but on Friday President Trump signed executive action that establishes a framework for scaling back the 2010 Dodd-Frank financial-overhaul law. Here’s a good overview from American Banker of what the president can and can’t do Dodd-Frank.

See the Overview

We are redesigning Skip-A-Pay! The new version will have a responsive layout and be mobile ready. Beta launch is planned for the end of February, but if you’d like a preview you can contact us for a demo.


Follow Us On Facebook - We’re ramping up our presence on Facebook in 2017. Follow us now to get product updates, webinar notifications, sharable posts and more. Just click on the FB logo above to follow us!


Upcoming Webinars

Thurs., 2/16/17
Skip-A-Pay - DNA
Wed., 2/22/17
Cubus One Digital and Mobile Banking - UD
Thurs., 2/23/17 Cubus Voice - UD
All webinars start at 11 am PT
Sign Up Now  

Contact Us

855-394-3969
info@cubussolutions.com
www.cubussolutions.com

Holiday Closures

President's Day: Monday, 2/20/17