Security Risks to Smaller Financial Institutions

By Justin McIntyre

Some executives in the financial industry think that their risks are lower because they are located in a small town or have a small asset base or simply because they’ve avoided problems thus far. Because they think they are low risk, some community banks and other small financial institutions are reluctant to implement or enhance security controls because doing so could increase costs or slightly inconvenience their users.

Unfortunately, “small” doesn’t mean low risk – in fact, it may mean the opposite…

Download the PDF version of this article.