Browsing: Response

In April, an attacker reached the learning platform thousands of schools run their coursework on. Instructure detected  unauthorised activity in Canvas in April, and a second intrusion followed in May. Sixteen months earlier, data was taken from PowerSchool through a support portal with no second factor, using a subcontractor’s stolen credentials. Neither was the school’s…

In today’s lending environment, maintaining strong credit quality is more than just monitoring delinquency reports and reviewing annual financial statements. Economic uncertainty, elevated interest rates, inflationary pressures, commercial real estate (CRE) challenges, and changing consumer spending patterns are creating conditions that can accelerate borrower stress and elevate credit risk. Recent loan review engagements across financial…