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The Hidden Risks of Shadow IT: Why Community Banks Need a Detailed System Inventory

The Hidden Risks of Shadow IT: Why Community Banks Need a Detailed System Inventory

In the world of community banking, the landscape of information security and cyber risk management has dramatically evolved. Gone are the days when all servers were in-house, and every application installation involved the IT department. Today, it’s easier than ever for a Compliance Officer to sign off on a new software tool to manage Reg DD challenges or for a Loan Officer to adopt a cloud solution to improve customer acceptance rates.

AI -The New Gutenberg Printing Press

AI -The New Gutenberg Printing Press

For those of you who don’t know me or my family well, we are a Disney family. For those of you who just rolled your eyes, bear with me, this article isn’t just about Disney. It’s about a lightbulb moment I had while riding Epcot’s Spaceship Earth, which illustrates the journey of human progress from the dawn of time. 

The area shows before the printing press how communication was handled; handwritten copies and one-to-one conversations. Then you see society’s leap from the written word to the digital age and computers.  Just as the ride highlighted the milestone and impact of Gutenberg’s printing press, I found myself contemplating AI’s place in our future and the striking realization that the two journeys are more similar than they are different.

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