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June 7, 2023 – Austin, Texas (ATX), Bellevue, Washington (BWA) and Denver, Colorado (DEN). Q5iD and Plante Moran announce finance and accounting engagement. Q5iD, Inc., THE premier cybersecurity software company delivering world-class identity management solutions has engaged in a finance, and accounting engagement with Plante Moran, one of the nation’s largest accounting, tax, consulting, and wealth management firms. “Q5iD is delighted to engage with one of the nation’s largest accounting, tax, consulting, and wealth management firms experienced in finance, and accounting. Plante Moran is ..read more

May 22, 2023 – Austin, Texas (ATX) and Bellevue, Washington (BWA) – Q5iD, Inc. and Academy Bank Announce Banking Relationship –  Q5iD, Inc., THE premier cybersecurity software company delivering world-class identity management solutions has engaged in a banking relationship with Academy Bank, a wholly owned subsidiary of Dickinson Financial Corporation, a $3.7 billion holding company. “Academy Bank is pleased and privileged Q5iD has chosen us as their banking partner,” said Nick Krumbholz, SVP and Director of Retail Banking, Academy Bank. “Our team is looking forward to providing Micha ..read more

When a data breach occurs, the victim company can experience many consequences ranging from financial—where it’s reported that data breaches have cost organizations over $4.35 million in 2022—to the potential loss of company integrity and client trust. The best way to keep your organization and clients safe is to understand the most common causes of data breaches and to prepare a thorough data breach response plan. The Most Common Causes of Data Breaches A data breach is a serious security incident in which sensitive, protected, or confidential data is accessed, used, or disclosed without ..read more

Much of the world has transitioned to digital, presenting many opportunities for fraudsters to benefit from the lax cybersecurity of unaware digital residents.  One of the most common types of online scams is phishing, or the use of social engineering to pose as a legitimate entity to gain access to sensitive information or private systems. As of October 2022, Security Magazine reported over 255 million phishing attacks that year alone; many of these cases came in the form of phishing emails. What is a Phishing Email? A phishing email is a message sent by cybercriminals posing as a le ..read more

Two-factor authentication (2FA) is a method of confirming user identity by requiring two verification forms, such as a password and a code sent to their inbox, before granting access to an account to perform certain actions. In addition to helping prevent identity theft, 2FA protects against phishing attacks and other cybercrime attempts. It’s an effective way for organizations to improve their security infrastructure and protect valuable assets from being compromised by hackers seeking personal information. SMS-based authentication solutions and authenticator apps are viable options for s ..read more

The bulk of work in the healthcare industry is centered on offering quick and effective medical services to patients experiencing a wide range of health issues. From broken bones to heart attacks and cancer, there’s no shortage of tasks healthcare workers must tend to and accomplish daily. In recent years, the COVID-19 pandemic posed an additional challenge to healthcare professionals worldwide. Apart from maintaining their regular care and responsibilities, they have faced an influx of patients seeking treatment due to the virus and other emerging diseases. According to the  ..read more

In 2022, there were over 4,100 publicly reported data breaches, exposing 22 billion records. Worldwide, companies continuously strive to protect their systems and information from outside cybersecurity threats. Security is crucial for every organization, regardless of industry and size. It ensures protection from physical harm and cyber threats, maintains order and control, reduces liabilities, and keeps companies compliant with safety laws and regulations. But security is even more important when it comes to protecting customer data. Enterprises, such as financial institutions, healt ..read more

As digital transformation revolutionizes the workplace, more organizations are incorporating the latest tech into their operations.  Automation programs, cloud-based tools, and the like have become staples for organizations since these innovations ensure that daily tasks are done efficiently. The growing use of technology has also increased the need for robust cybersecurity solutions.  As your organization optimizes its cybersecurity infrastructure, you might have instances where you’d confuse one security term for another. In cybersecurity, a common example of this is authentica ..read more

Digital authentication should be one of your top priorities if you utilize online platforms to keep your information and data safe. Whether you’ll be going online for business or personal use, it’s crucial to have a reliable authentication method to protect your resources. In recent years, more industries have adopted authentication measures to safeguard information further. It’s also being encouraged globally, with Google mandating two-factor authentication processes in 2021, resulting in a 50% decline in compromised accounts.  Similarly, multi-factor authentication (MFA) uptake is o ..read more