Top 5 Blogs of 2024 for Financial Services Professionals

Estimated Reading Time: 5 Minutes

In the financial services industry, staying ahead of the curve isn’t just about understanding market trends or regulatory changes – it’s about safeguarding trust. Professionals in the financial services sector – financial institutions (banks, credit unions), fintechs, neobanks, wealth management, etc. – understand more than most the significance of protecting their clients’ identities and financial data from ever-evolving cyber threats and fraud schemes. Without providing your customers with the proper protection, your organization could be at risk of attrition and broken trust and loyalty, among other business concerns.

At Iris^® Powered by Generali, we understand that preserving your clients’ assets can come in many forms, so having the proper consumer services and resources can help financial professionals stay informed and prepared to address their clients’ needs and desires.

That’s why we’ve curated a list of the most visited blogs of 2024 for financial services professionals.

Whether you’re focused on bolstering consumer trust, strengthening retention, or enhancing the customer experience, these resources can help keep you informed about the identity and cyber protection space, provide actionable insights to your audiences, and stay ahead of the competition.

Check out the list below and let us know if any of your favorites made the cut. If you notice a blog missing from the list, let us know which one on LinkedIn and how it helped you in your business.

And be sure to explore our premier Wealth Management Protection package as an offering for your clients. With comprehensive dark web monitoring and alerts, credit monitoring services, high-risk transaction monitoring and alerts, scam analysis support*, 24/7 fraud resolution services, and up to $2M identity fraud insurance**, your clients can breathe easier knowing that their hard-earned money is protected.

Top 5 Most Visited Blogs of 2024 for Financial Services Professionals

1.) The Evolution of Scams: A Brief History

The practice of people trying to swindle one another has been around for thousands of years. From insurance fraud to mail and email scams to investment scams, identity thieves continue to devise schemes (some old, some new) to trick unsuspecting individuals and businesses into divulging sensitive information and their hard-earned money. This blog explores a few examples, how they evolved with new trends and technological advances, and the tools and resources consumers can leverage for data protection.

2.) 4 Tips to Help You Spot a Phishing Scam – Before You're Baited

Phishing attacks and scams have become increasingly sophisticated, making it harder to discern legitimate messages from harmful ones. Scammers often resort to impersonation tactics, posing as legitimate organizations and businesses to trick their targets into interacting with a message from a seemingly trusted organization. In this blog, we share four tips to help consumers spot phishing communications and protect their personal data.

3.) Why are Scams Bad for Business?

Unfortunately, the impact of scams is clear for consumers. Every year, millions of individuals fall victim to scams, leading to financial loss, emotional damage, and often, even ID theft and fraud. On the flip side, for businesses, scams can erode consumer trust, damage the brand’s reputation, undermine business security, and even incur direct financial expenses. While scammers are hard at work attempting to access your company’s bank accounts and steal your bottom line, there are proactive steps you can take to provide your customers peace of mind and strengthen customer retention and trust in the process.

4.) Identity Theft vs Credit Card Fraud: What's the Difference?

Although credit card fraud and identity theft can both damage your customers’ credit history, they are not the same. The main difference between the two is credit card fraud occurs when someone steals an individual’s credit card number or information and uses it to make unauthorized purchases. On the other hand, credit card fraud can be a result or consequence of identity theft, which involves a thief stealing an individual’s personal information to assume their identity and commit fraud. In this blog, we explore the differences and similarities between the two crimes and their impact on the victim. We also provide tips for you to share with your customers to help mitigate their risk (e.g., placing a fraud alert on their credit reports, monitoring their credit score and report, guarding their Social Security number, etc.).

5.) Why Software Updates are Non-Negotiable and Shouldn't be Ignored

Software updates do much more for IoT devices and applications than ensuring they run smoothly. They are improvements made by software developers and manufacturers. These enhancements include upgrading your device or application’s speed and efficiency, resolving bugs, and introducing new features. However, security enhancements are among the key upgrades or improvements often included in software updates. If individuals ignore or snooze on software updates, they are putting their personal data at risk of compromise. In this blog, we discuss why software updates are important, what devices and applications should be running on the most current software (with links to various popular devices’ websites to learn how to update their software!), and other ways individuals can stay safe online and avoid potential threats.

Interested in receiving informative and educational content directly in your inbox? Subscribe to our blog!

Subscribe Today

*Iris^® Powered by Generali is not responsible or liable for the availability, safety, accuracy, or effectiveness of the techniques, products, tools, or resources used by Iris Powered by Generali in its ScamAssist® service and customers’ access and use of ScamAssist is entirely at their own risk.
**Identity Fraud - Expense Reimbursement, Cash Recovery Aggregate, and Investment & HSA Cash Recovery benefits are underwritten and administered by American Bankers Insurance Company of Florida, an Assurant^® company, under group or blanket policies issued to Iris® Powered by Generali for the benefit of its Members. Please refer to the actual policies for terms, conditions, and exclusions of coverage. Coverage may not be available in all jurisdictions. Review the Summary of Benefits at https://www.irisidentityprotection.com/terms-conditions.