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Cubus Solutions Newsletter: June 2017

Ready Your Cyber Defenses

The recent Wanna Cry malware outbreak is another reminder that all institutions must be on their toes to prevent cyber-attacks. Wanna Cry began to hit PCs of organizations that had not added security patches to some versions of Microsoft Windows on May 12. The menace paired ransomware that encrypts computers and demands payment with a worm that enabled it to spread quickly. While ransomware and worms are not new, experts say combining them is novel.

Before the malware could do damage in the United States, a lone British researcher, known as "MalwareTech," serendipitously identified its kill switch. The fact the attack affected tens of thousands of computers worldwide is a wake-up call.

All institutions, especially banking institutions, should prepare now with deployed layered security, which ranges from having a security policy to filtering email and web traffic to backing up and archiving. Another key is to reduce the timeline for updating applications and operating systems, and make sure you are backing up as well as testing the validity of your own backups periodically.

TOP CYBERCRIME TRENDS

~John-Ashley Paul, President/CEO

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The Cubus Roadshow

Maybe you’ve noticed if you follow our Facebook page, we’ve been hitting the road the last few months to spread the word about the great Cubus Notifications Suite for Corelation KeyStone and Symitar Episys credit unions. We’ve introduced our Alerts, Statements and Letters/Notices to hundreds of people who attended the SymEast, SymWest and Corelation Users conferences. People were particularly interested in our daily balance alerts, which are available for any member with an email address in your core. No need to be enrolled in online banking. If you want to know more, contact us for a demo.

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Cubus One 3.1 Ready to Launch

Several new features and enhancements are currently being rolled out to create a new and improved Cubus One. Watch for more information on how to upgrade soon. Some of the new features availabile with this release are:

Enhanced Authentication and Touch ID – Touch ID now available along with additional authentication options for high-risk functions.

Same Day ACH – members can send money to an external account or to a person the same business day when scheduled before same day ACH cutoff.

Deposits Enhancements – partnered with Digiliti Money for check image processing (see Did You Know? below.).

What We're Reading
What We're Reading

Turn Myths into Reality - You probably know these top three myths about credit unions, but this article busts the myths with clear language that you could use in a marketing campaign to attract new members.

Read the Article

ICYMI: NCUA Second Quarter Report - The latest edition of the NCUA flagship publication, the NCUA Report, was issued on May 25.

Read the Article

Did You Know?
Did You Know?

Cubus Partners with Digiliti Money - Cubus has integrated Digiliti Money’s (formerly known as Cachet) awarding-winning Select Mobile Deposit platform with our Cubus One banking platform..

See the Press Release

Contact Us?

Contact Us

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