Blockstation in Evolving Capital Markets
Did you know in September 2021, El Salvador became the first country in the world to accept Bitcoin as an official legal tender in the country? Therefore, financial institutions now need to be ready for managing these new capital systems among the old, as digital currency and assets increasingly becoming a staple in everyday life. As some companies struggle to incorporate these systems, leader in digital asset management, Blockstation, has found a solution. In this episode we welcome Blockstation to discuss how their marketplace solutions are revolutionizing the financial industry.
MSP’s for Cybersecurity Incidents: Can a Company Afford an “Average” Response?
Can a company afford “average” when it comes to incident response? In 2020 the average time to identify a breach was 207 days! Have you heard about the new ransomware law being proposed? This Ransom Disclosure Act dictates that within 48 hours of an attack, victims will need to disclose information about the payments they made, including amount, currency, and what they know about the attackers. Here is one more reason why organizations need to move very fast when an attack hits, not only to resolve the incident and mitigate the damage, but to also make sure that everything is clearly and accurately documented. This pilot episode of FSOKx’s podcast will feature Noam Morginstin from Exigence and Chris Loehr from Solis Security now owned by CFC Response, as they discuss how companies should be creating an incident response place for their MSPs before a cyber-attack takes place.
The Evolution of Quantum Computing and it’s Role in Cryptography Implementation
As Quantum Computers gain the ability to quickly decipher various encryption techniques, what once was secured information can now be open by anyone with malicious intent. In an IBM report, they estimated Quantum Computing’s market to reach $1.76 billion by 2026. With Quantum Computing’s abilities to expand drastically in the near future, companies need to be prepared for the future of Quantum Supremacy. Throughout this episode we will spread awareness about Quantum Computing, discuss its potential future risks to cryptographic algorithms and provide preventive steps companies should take to prepare for the future of Quantum Computing. The second episode of “Industry Insights for Financial Services Professionals” features TBA subject matter expert, Louis Stoll and founder of NefosNow, George Vlahos.
The Revolutionary Database in Down Payment Assistance.
A common misperception among homebuyers is the belief that one needs a 20% down payment to purchase a home. In 2019, the average down payment for homebuyers was 12 percent. With multiple homeowners entering the real estate market confused, staying informed and finding assistance is crucial to become a successful new homeowner. As we tackle the issue of affordable housing, today we are pleased to welcome Down Payment Resource, a down payment assistance and professional resource company to discuss their services and the importance of making affordable housing accessible.