Anyone in financial services is familiar with the importance of keeping data and information secure. In fact, there are entire regulatory departments to ensure all banks, wealth managers, trust companies – basically anyone who handles financial data – comply with strict guidelines. And as consumers of such services, we all are familiar with the privacy notices that show up in our mailbox. And..
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It is said that banks tend to speak over people. They say things like “start saving today,” “for a limited time get cash back,” or “the convenience of personal checking.” But phrases like this are noise, as they really don’t speak to the individual. Things are getting better, but the industry is still plagued with this type of talk. If someone spoke to you the way the industry writes the materials they create to capture your attention, you..
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Many of you might remember a time when credit card and ATM receipts were processed with a “knuckle buster” machine that produced a carbon copy by-product of your receipt. These carbon copies usually found their way into the trash and were easily accessed by thieves seeking to steal your identity. (For those born after 1990, you can take a quick educational detour here.)
The by-product of these machines became such a common security concern..
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