Page 36 - Layout 1

SAN ANTONIO
MEDICINE

Fraud Protection for Your Practice:

NOT IF, BUT WHEN

By Maria Breen, Executive Vice President, Private Banking Manager at The Bank of San Antonio

Fraud and Cybercrime: It's not a matter states away or across the globe can steal mil- training. Your employees are your first line of
of ‘if,’ it's a matter of ‘when’ lions from a business with the click of a mouse. defense, and no one should be exempt from par-

Businesses of every size and every industry ticipating in frequent exercises to keep your
"You will have a cyber incident if you
will, at some point, experience cybercrime at- practice safe in the ongoing fight to protect your
own a business. It will happen. It is
tempts. How companies execute their cyber practice from experiencing cybercrime.
probably happening today."
protection strategy can be the difference be- Cybercrime protection strategies are rarely
– Andrew Moore, COO, IronEdge Group.
tween a mere bump in the road and an eco- at the forefront of business strategies; however,
nomic disaster. A solid cyber protection A robust cybersecurity game plan includes the increasing sophistication of cybercrime at-
strategy includes many fraud prevention tools protection on two fronts: your internal data tempts forces increased urgency for business
to safeguard your accounts and practice. Con- and your financial assets within your owners to remain tirelessly vigilant. Leveraging
sider putting together a fraud protection team bank. IronEdge Group executives and cyber- the expertise of your banker and treasury man-
comprising not only your banker but also a security experts, Andrew Moore and Patrick agement thought partners to ensure you have
treasury solutions expert who collaborates Maese, implore business owners to take fraud the right tools in place to protect your growing
with you and your banker to recommend cus- prevention seriously. "As a business owner, the practice is vitally important.
tomized cash management solutions and cyber biggest lie you can tell yourself is that if you
protection tools. This collaborative approach haven't been attacked yet by cybercrime, you Maria Breen, Executive Vice Presi-
leverages the insights of experts so that you won't be," said Patrick Maese, Vice President, dent, Private Banking Manager at The
have a critical advantage in keeping your pa- San Antonio Client Experience, IronEdge Bank of San Antonio is a San Antonio
tients protected and your business financially Group. "For healthcare practices, implement- native and financial expert with a heart for serv-
healthy and growing. ing fraud protection tools is a matter of patient ing her clients and community. As the head of Pri-
and practice safety." vate Banking at The Bank of San Antonio, Maria
Fraud protection tools are necessary Adequate cybersecurity requires time and re- uses her over 30 years of financial services experi-
now more than ever sources, so it pays to collaborate with the right ence to help her clients build the lives and legacies
Fraud is a $7 billion "industry," and Texas team of experts and enact ongoing, third-party they envision. maria.breen@thebankofsa.com
businesses are the third-hardest hit in the assessments of your plan. As the owner of a Beyond her work at the Bank, Maria is also
United States. The attacks on healthcare oper- healthcare practice, knowing where your data is the Board chair for AVANCE San Antonio and
ations nationwide are at an all-time high, dou- and which of it needs protection is essential. For Committee Co-chair for Impact SA. With a
bling since 2016. Thieves no longer need to example, protect internal practice data by keep- deep-rooted love for serving others, Maria sees
come to your front door to steal money or ing a copy of data off-site and testing backups private banking as an extension of her passion
data. Someone sitting on their couch two regularly. Most important, however, is employee for taking care of people in her community.

TEXASPARTNERS.BANK | Member FDIC

36 SAN ANTONIO MEDICINE • March 2024