Tech Time: Your data breach – not if, but when

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr “Well, this day-in-the-life of a credit union VP is going pretty well,” is your thought as you review material for the upcoming board meeting.With the CU’s president in the middle of a two-week Caribbean cruise, it will be your turn to go over things at the meeting. And things are going well. The rollout of the updated mobile banking platform has been moving right along. Loan growth continues upward. And…The ringing of your phone interrupts your train of thought, “Pat Jones, Akmye Credit Union. How may I help you?”“This is Special Agent Joe Gannon,” the voice on the line responds. “I’m with the FBI’s cybercrime division. During a recent investigation, we found files on the dark web that appear to contain information about your customers—names, account number, addresses and other information. Were you aware you may have had a data breach?” continue reading »last_img read more

Solution selling in a product market

first_img 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Britney Bailey Britney Bailey is the Marketing Director for Excel Federal Credit Union.  She has a decade of experience in marketing, public relations and sales.  Prior to joining Growth by Design, Britney’… Web: https://www.excelfcu.org Details Like many who have been sheltering in place for the last five months, I have been entertaining myself with podcasts. Recently I discovered a series featuring the stories of how entrepreneurs developed outlandish concepts into some of the world’s most well-known brands – and multi-billion dollar companies. While binging these episodes, I discovered a common thread. Most of these businesses started as a solution to a common problem.Traditionally products are marketed by focusing on the characteristics, features and benefits telling the consumer why they should buy the product. For example, the widget has the best features, newest capabilities or is the latest and greatest available. This approach tells consumers why they should buy the product without addressing the need that may be driving the consumer to shop in the first place.A Harvard Business School professor shared the concept of “buying a hole.” This concept realizes consumers don’t intend to buy a drill – they need a hole and a drill is the means to that end. This thought process is the foundation of solution selling. To put it in credit union terms, a member doesn’t want to borrow money, they need a means of transportation and the credit union can offer a solution to that problem with an auto loan.By definition a solution is a complete offering that will address and resolve a problem. The solution isn’t one part of the whole, it is the whole. It includes every product, service, part, training – the whole package the consumer needs to resolve the problem.Consider a situation where a member visited the credit union for a loan. Rather than just issuing the loan, most likely the member was asked a series of questions to determine the need. After a brief conversation it was determined the member is looking for a way to alleviate debt. By helping the member understand how they accrued the debt in the first place, and providing them the information and training to avoid this situation again, the loan officer has provided a solution to the problem rather than simply providing a product. In these terms, the member is more likely to come to the credit union first in future transactions, deepening their relationship with the institution.The value of solution selling is understanding the consumer point of view, the problems they are trying to solve and the value they can gain from the products or services you offer. Messaging for solution marketing puts an emphasis on what the consumer needs and explains what it will enhance or replace in the current environment.Whether you’re creating a credit rebuilding program or inventing the next Google, solution selling creates opportunities for value based transactions. Think of this as the difference between “do you want fries with that” and “may I serve you anything else?” Solutions create extra value and are integrated and customized to meet the consumer’s needs. It is all about creating consumer-centric messages to resolve a common problem.last_img read more

BREAKING: Town of Vestal declares state of emergency

first_imgAdditionally, Shaffer is directing all departments and agencies in the Town of Vestal to do whatever is necessary to protect people’s lives, public infrastructure and necessary emergency assistance. Chief Executive Shaffer said the state of emergency goes into effect Sunday, May 31 at 1:30 p.m. He also said it will remain in effect for thirty days or until revoked by a consequent order. VESTAL (WBNG) — The Town of Vestal declared a state of emergency on Sunday.center_img Chief Executive John Schaffer said in a press release, the state of emergency has been declared due to threats of violence and civil unrest within the Town of Vestal.last_img

UK pension infrastructure platform to be acquired by Foresight

first_imgPIP said the integration into Foresight would give it access to “deeper resources” for it, and meant broader infrastructure exposure for Foresight.“This combination means the PIP team can continue to work with UK pension funds while bringing additional skills and resources to bear and attracting more investment as part of a larger platform,” said Burgess.Nigel Aitchison, partner and head of infrastructure at Foresight, said: “The skills of the PIP team will further strengthen the depth and breadth of our specialist infrastructure presence and Foresight’s position as a leading infrastructure manager. We look forward to welcoming the PIP team to the Group.”Tony Poulter, chair of PIP, said PIP’s board was very happy with the outcome. “This transaction strengthens both PIP and Foresight and gives investors very good reasons to consider the combined infrastructure team for both new investment and asset management,” he said.Since authorisation in 2016, PIP has established a portfolio of 17 assets, mostly through its multi-strategy fund, covering the energy from waste, renewables, social and transport sections. The portfolio has a net asset value of more than £700m, it said.The acquisition is expected to complete in about a month.Looking for IPE’s latest magazine? Read the digital edition here. Pensions Infrastructure Platform (PIP), a £1.8bn (€2bn) UK-focused asset manager created by and for pension funds, is to be acquired by Foresight Group, an infrastructure and private equity manager.The transaction, which follows a ”competitive process run by the PIP board”, involves the entire PIP team transferring to Foresight. Paula Burgess, CEO of PIP, will become a partner of Foresight.The acquisition will take Foresight’s assets under management to £6.5bn. PIP was set up in 2013 under the leadership of the Pensions and Lifetime Savings Association in collaboration with major UK asset owners. It is backed by the British Airways pension scheme, Pension Protection Fund, Railpen and local government pension schemes Strathclyde and West Midlands. last_img read more

TMC bags compressors order for Swan LNG’s Jafrabad FSRU

first_imgTMC Compressors of the Seas (TMC) has signed two contracts to supply a total of five marine compressors to a floating storage regasification unit (FSRU) that Hyundai Heavy Industries is building for Swan Energy. TMC has signed a contract directly with Hyundai Heavy Industries to provide 3 service and control air compressors to the South-Korean shipyard, with deliveries scheduled for the third quarter 2018.In addition, TMC has signed a subcontractor deal with another supplier to provide 2 feed air compressors to a nitrogen system delivery to the FSRU. This compressor delivery will be made in July 2018.TMC kept the contract values undisclosed.The FSRU that Hyundai Heavy Industries is building for Swan Energy will have a storage capacity of 180,000 cubic meters with an ultimate gas send out rate of 1000 mmscfd.The FSRU will be used at Swan Energy’s LNG import terminal in Jafrabad, Gujarat, India. Once completed, the FSRU will be moored to a fixed jetty and regasify imported LNG to enable distribution by pipeline grid and road tanker.The terminal, with the capacity to handle 5 million tons of LNG per annum, is being set up by Swan Energy’s unit, Swan LNG.last_img read more

Pros and Cons of Sowing Your Wild Oats.

first_imgLifestyleRelationships Pros and Cons of Sowing Your Wild Oats. by: – June 30, 2011 Share Share Share Tweetcenter_img 111 Views   no discussions Sharing is caring! by Rich Santos, Marie ClaireA friend of mine recently ended a relationship and now claims he can’t wait to “sow his wild oats.” I’m wondering how that experience could be as rewarding as growing close to someone and falling in love.So, I weighed the pros and cons:CONSIt’s Not That Easy To DoI strike out just as often when I’m just looking to hook up as I do when I’m looking for a girlfriend. It’s depressing because I set goals (get laid by as many women as possible) and don’t meet those goals. It’s like trying to figure out nuclear fusion: It would be awesome if I could do it, but I’m not capable.You Might Miss a Better OpportunityIf you’re determined to sow your wild oats, you might just let that special person pass you by if they come along at the wrong time.It’s EmptyThere are times when people want fun, void of emotion. But isn’t an emotional connection more fulfilling? After you sow enough wild oats, you might reflect back and find that your experiences haven’t amounted to anything outside of temporary exhilaration.It’s DangerousYou all know I have an acute fear of every STD in the book… Not to mention unintended pregnancy. Is it worth the risk?It Makes You Feel CheapAs you go from person to person, the spontaneity and fun may turn into shame. Many people who set out to sew their wild oats accept that they are going to be compromising traditional morals. But, after a while, it’s not uncommon to feel bad about yourself if you’re stringing together flings.PROSIt Convinces You That You’re “Ready”People seem more prone to get into relationships once they’ve purged the “bad side” from their systems.It Eliminates RegretOne common male regret is not playing the field enough before settling down. If that regret follows you into a marriage, it can get dangerous.I’ve come to the conclusion that sowing your wild oats is overrated. People who need to do it are most likely not “relationship”-oriented. It’s all relative — some might say that my two one-night stands qualify as “wild oats.” I think that it takes a lot more than that, but then again I’m conservative.What do you think are the pros and cons of this kind of behavior? Do you believe it’s necessary to go through this phase before you can get into a relationship?last_img read more

East Ruimveldt Secondary reign supreme at South GT Inter-School championships

first_imgWITH big wins from Girls’ Under-14 champion girl Delisa Robertson, East Ruimveldt Secondary School ran away with the win at the South Georgetown District 13 Zone 2 Inter-School Championships, which wrapped up on Tuesday at the Police Sports Club ground, Eve Leary.East Ruimveldt put together 684 points to outdo their competitors, ending just in front of South Ruimveldt Secondary, who had 673 points.Finishing in third place were Charlestown Secondary with 666 points, Central High fourth with 435 points, Masters Academy 313 points.Carmel Secondary garnered 214 points and West Ruimveldt Secondary (formerly David Rose School) had 210 points.It was consistent participation sprinkled with a few strong first place finishes that ensured East Ruimveldt ended on top.In her category, Robertson ruled in the 100m, 200m and 400m, while Central High’s Wesley Tyndall did the same on the Boys’ side to also finish as the champion boy of his age group.In the younger Boys’ and Girls’ Under-12 categories East Ruimveldt also proved that they have some of the best athletes in the South Georgetown District. Tia Forth emulated Robertson’s feat in the Girls’ Under-12 where she also had a sprint treble, winning the 100m, 200m and 400m of her category.Meshach Charles displayed some massive talent as he championed the Boys’ Under-12 category, winning the 100m, 200m and 400m races.East Ruimveldt also had some luck in the middle distance races, where Maxine Joseph captured the Girls’ Under-18 1500m and Darren Connelly took the Boys’ Under-20 1500m. Jaden King won the Boys’ Under-14 1500m.Although South Ruimveldt finished second place overall, several of their athletes walked away with champion titles.Anicca Redmon took the Girls’ Under-16 champion girl title while Natricia Gulliver copped the Girls’ Under-20 champion title. Both young ladies ended with the 100m, 200m and 400m wins in their respective categories.In other title wins, Charlestown’s Jarron Cox won the Boys’ Under-16 champion boy title, while Central High’s Wesley Tyndall and Sherdine Dummett won the Boys’ Under-14 and Girls’ Under-18 champion titles, respectively.Masters’ Umkosi Vancooten topped the Boys’ Under-18 category, and Brian Roman emerged the best performing athlete of the Boys’ Under-20 category.last_img read more

Matic: We’ve Put Serbia Back on the Football Map

first_imgSerbia is heading home after the group phase of the 2018 FIFA World Cup Russia, but they leave with their heads held high after producing moments of attacking quality and their patented fighting spirit.“This is one of those moments when we don’t feel disappointment – we feel pride that we represented our country, that we gave our maximum,” said Nemanja Matic, one of Serbia’s leaders on and off the pitch. “We can all look at each other straight in the eyes and agree that we gave it our all.“It was definitely not perfect, but we have put Serbia back on the football map with our presence and our performances.” Serbian fans had dared to dream of a victory over Brazil that would have sent them into the Round of 16, but despite a courageous display in which they appeared to have their opponents rattled on occasions, the five-time world champions controlled the majority of the match and won 2-0.“This is the kind of defeat that isn’t painful,” said Matic. “We are sad, of course, to be going out, but I hope that, while we might not have made the nation happy, we haven’t disappointed them.“We fought for 90 minutes for one another against such a strong team, who know exactly what they need to do in every moment, and that has world-class players. The world is talking about Serbia in football terms again, and what we have to do is focus on what’s ahead.”What looks to be ahead is a bright future for Serbia, who, despite having a number of experienced defenders in their ranks – including Aleksandar Kolarov (32), Dusko Tosic (33), Branislav Ivanovic and Antonio Rukavina (both 34) – had the fifth-youngest squad of the World Cup.One of the up-and-comers given a chance of a lifetime in Moscow – a competitive international debut against Philippe Coutinho, Neymar, Gabriel Jesus – was Werder Bremen’s Milos Veljkovic. The 22-year-old produced an excellent performance alongside towering Fiorentina 20-year-old Nikola Milenkovic, showing Serbia have a highly promising centre-back pairing for the future.“I was a little surprised when I found out that I was going to be starting against Brazil, since I had been on the bench for the first two matches,” said Veljkovic, who was another member of Serbia’s triumphant FIFA U-20 World Cup side of 2015. “But I was ready, I had to show that I could play my own game, and I think it went well.”With the likes of Veljkovic and Milenkovic at the back, Matic and the widely coveted Sergej Milinkovic-Savic in midfield, and names like Nemanja Radonjic and Luka Jovic flashing their attacking potential, Serbian supporters have ample reason to be upbeat.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

UW readies for Alvarez’s final home game

first_imgDespite losing the opportunity to claim outright first place in the Big Ten last week, the Wisconsin football team (8-2 overall, 5-2 Big Ten) will attempt to complete its second consecutive undefeated season at Camp Randall as the Badgers take on the rival Iowa Hawkeyes. Although it is a long shot, Wisconsin can still earn a share of the Big Ten title with a win if Penn State and Ohio State lose their Big Ten finales.Saturday will be a challenge for the Badgers, as Iowa has found itself in must-win situation. With a 5-4 overall record, the Hawkeyes need two more wins to qualify for a bowl game.Iowa has always proved a difficult challenge for Barry Alvarez’s squad. After previously beating Iowa five consecutive times from 1997-2001, the Badgers have dropped their last three contests to the Hawkeyes, including last year’s painful loss in Iowa City that saw the Badgers fumble away their chances at a Big Ten conference title.Standout quarterback Drew Tate leads the Hawkeyes. So far this season, the junior has completed more than 63 percent of his passes and thrown 13 touchdowns on the year. Most impressively, Tate has compiled a gaudy 148.1 passer efficiency rating. The bulk of Tate’s passes have been in the direction of Clinton Solomon, who has hauled in six of Tate’s touchdown passes and has gained over 550 yards receiving.To go along with Iowa’s offensive, the Hawkeyes also have an impressive defense, which ranks third against the rush and fifth overall in the conference. The strong point of Iowa’s defense is their linebackers. Led by seniors Chad Greenway and Abdul Hodge, who are second and third in the Big Ten in tackles respectively, Iowa is holding opponents to under twenty points per game on average.”They’re a very good [football team],” Barry Alvarez said. “They’re well-coached [and] their defense is always very good. They’re hard-nosed [and] play very sound. They don’t beat themselves, much the way we’ve tried to build our program. I think if you go back and listen to the things [Iowa head coach Kirk Ferentz] said when he took over that program, he wanted to build the program much like we did and pattern it after the things we did here.Saturday’s game also marks Senior Day for the Badgers. Sixteen seniors will be honored before the game, including fullback Matt Bernstein, tight end Owen Daniels, center Donovan Raiola, linebacker Dontez Sanders, and wide receivers Brandon White, Jonathan Orr and Brandon Williams.This senior class has been the core of Wisconsin success over the past four seasons as they are one of only three other senior classes to have participated in four bowl games. Additionally, they have helped set a Wisconsin modern-era record for the most consecutive home wins, which currently stands at 11.None other than Brandon Williams has been looking forward to this day for the past three years.”This is something that you have been thinking about for three years,” Williams said. “You have been watching the last three classes go out and seen how things have played out for them and you just always want the best to happen for you. This is going to be very exciting — all the families come, everyone gets to walk out on the field — it’s going to be real exciting.”This game also marks the last home game for head coach Barry Alvarez. Ironically, Alvarez will end the home portion his twenty-six year college coaching career against the team he began his collegiate coaching career with. Alvarez was an assistant coach under legendary Iowa coach Hayden Frye from 1979 to 1986.When Barry Alvarez took over as coach in 1990, Wisconsin had only recorded 17 winning seasons since 1950 and only qualified for six bowls games in their 103-year history. For the past 16 seasons, Alvarez has accumulated 116 wins, which ranks eighth all-time in the Big Ten, and has taken Wisconsin to 10 bowl games, including three Rose Bowl victories. More importantly, Barry Alvarez rejuvenated Badger football. For Coach Alvarez, it has been an emotional journey from the beginning.”I thought someday we could be very competitive,” Alvarez said. “The first thing, I think if you go back and look at the things we talked about, I wanted to build a foundation, teach guys how to work. I didn’t want to cut any corners, didn’t want any quick fixes. I wanted to build a good solid foundation, teach the guys how to play, how to play the game, how it’s supposed to be, how you have to win in this game. You have to stop from losing before you can win. I wanted to do all those things. … I still am at peace with my decision [to step down]. I’m really pleased that we had this type of year, that you can go out like this and enjoy the year and enjoy the players and they can have some success and have a little fun along the way.”last_img read more