About Us | Contact Us
View Cart

T7: The Trend of Trends 2021

By Vigilize | Monday, January 25, 2021 - Leave a Comment

Top 7 Trend Articles of 2021. . .


 . . .For ISOs of Small Financial Institutions.


Welcome to our annual T7 article:  a list of our favorite trend articles from the past year.  Our intent: help you organize your thoughts as your work through your strategic planning process.  We hope reviewing these articles will help you create a list of “outside-the-bank” ideas.

Some of the authors of these articles are friends of infotex, others we have not met.  We have stayed away from mainstream authors (like Schneier or Krebs) and tried to make the trend articles “bank related.”  We’re queuing up this year’s list like a David Letterman’s Top Ten list, saving our favorite for last!

Trend Article #7:  The Magnificent Seven.  Okay, we admit that we’re biased, but if you want an article that addresses the Top Seven Trends . . . as we see them . . .  an annual list of the top seven trends that the typical community based banks may be facing.  And, by the way, one easy way to start addressing them is to present our M7 list to your board of directors.

Trend Article #6: Dan’s personal favorite for 2021, No such thing as a false positive . . . reinforces something we’ve been saying for quite some time now.  Its author, Tim Sandle, has been writing for the Digital Journal for quite some time now, and fits into Dan’s “idea reporter” category.  Just by listening, Tim was able to write a great article like this!  And the bottom line is that 2021 will indeed be the year of uncertainty.  (We’re certain of that!)

Trend Article #5:  The next great trend article, “FinTech Software Trends,” will help put us all on the same page about where things may be heading in 2021.  It offers thought about what trends we may see stay because of the pandemic.  The point that stuck out to me the most was tighter government regulations related to finance technology. Regardless of where we are in the next year, security is something our customers and our government is much more focused on.

Trend Article #4: Let’s face it, how can you be fully up on trends without reviewing a Gartner article on something?  The Gartner Top Strategic Technology Trends for 2021 lists distributed cloud computing, AI engineering, cybersecurity mesh and composable business as  drivers of some of the top trends for 2021.  And, of course, it links to lots of Gartner products, articles, and books!

Trend Article #3:   Another FinTech trend article that demonstrates how diverse and unpredictable Fintech (when you compare it to trend article #5)!  Still, the first article focuses more on the software applications Fintech will make available soon, while this article addresses the implications of Fintech.  With the pandemic bringing almost everything we do online, and the non-banking trend of younger people supporting small businesses rather than large corporations, I believe that more consumers will be opening accounts with fully online banks.  If you are wanting to get your team’s arms around this crazy phenomenon, you’ll find 2021: Fintech Trends to Watch worth the read!

Trend Article #2:  How can we complete your collection of trend articles if you didn’t include a drill-down on Digital Transformation.   Well we did, because Jim Marous is one of our perennial favorites (and he always has an article ready when we are!). You may have already found it, by googling “what are the Top Digital Banking Transformation Trends for 2021?”

Trend Article #1:  Wanna read a trend article that goes outside of banking . . .  and into Wearables and Voice Technologies . . . in banking?  Then Six Technology Trends for the Banking Industry is your article!

Perennial Favorites: 

We can’t close out the article until we acknowledge Dan’s perennial favorite, Jimmy Sawyers, who has yet to produce a trend article for 2021.  Still, his prescience shows . . . even in a pandemic . . . with his 2020 article!  Especially the “digital moat!”

 


Original article by Dan Hadaway CRISC CISA CISM. Founder and Managing Partner, infotex


same_strip_012513


 

Training Notes:

Categories

Author

Color Coding

Text versus visual and copying.

Links in first paragraph

r7, t7, m7 aliases

movie link intentions, etc.

Latest News
    A Webinar Movie This presentation is intended for those who are planning to participate in an infotex incident response test. Please let us know what questions you have, when we have our Plan Walkthrough and Test Plan Approval meeting!
    What you need to know for compliance coast-to-coast. Back in 2020 we posted an article containing links to data breach laws from each state, and it has proven to be one of our more popular posts.  Because laws surrounding the use (and abuse) of technology are always evolving, we thought it was worth taking another […]
    Another awareness poster for YOUR customers (and users).  Now that we have our own employees aware, maybe it’s time to start posting content for our customers! In the spirit of October and Halloween we have put together a gallery of our “spooky” Awareness Posters at halloween.infotex.com. Use them to help decorate for the holiday! Check […]
    With nearly three in four people using third-party payment services tied to their bank accounts, the risk isn’t limited to your own policies and procedures… An article review. When working on cybersecurity awareness messages for your customers you may be inclined to focus on your own systems, but a new study on security in digital […]
    PRESS RELEASE – FOR IMMEDIATE RELEASE BUSINESS NEWS NEW EMPLOYEE FOR INFOTEX infotex is excited to announce that Cody Smith has joined the team as the newest Data Security Analyst. Cody holds several industry certifications (including the most recent: SSCP) as well as a B.S in Cyber Security & Information Assurance from Western Governors University. […]
    It’s all about protecting Customer information . . . In 1999 the Gramm-Leach-Bliley Act (GLBA) directed the Federal Deposit Insurance Corporation (FDIC) and other federal banking agencies to ensure that financial institutions have policies, procedures, and controls in place to prevent the unauthorized disclosure of customer financial information.  The FDIC and other federal banking agencies […]
    A Ghoulish Gallery! Just a few scary-themed Awareness posters from our collection, which you can see at posters.infotex.com! Below you will find both the vertical and horizontal versions of each of the posters, all you need to do is “right-click > “Save link as…” to download! Vertical 8.5″ x 11″ Format   Horizontal 11″ x […]
    What to Expect in an Annual Information Security Report to the Board Webinar-Movie Information security ranks as a top risk to financial institutions, both in terms of likelihood and overall impact. It is important that boards receive annual comprehensive reporting from management about the information security risks and incidents, and the actions taken to address […]
    Another awareness poster for YOUR customers (and users).  Now that we have our own employees aware, maybe it’s time to start posting content for our customers! Check out posters.infotex.com for the whole collection! Download the large versions here: Awareness Poster (Portrait) Awareness Poster (Landscape)   You are welcome to print out and distribute this around […]
    With the potential to break all existing forms of encryption, quantum computing poses a unique challenge… An article review. While quantum computing has been a buzzword for some time now the technology remains largely theoretical, with small scale proofs-of-concept that still suffer from serious limitations.  That hasn’t stopped security researchers from worrying about the technology’s […]