Since 1995, Mike has served as President, Vice President of Marketing & Sales, Director of Professional Services,and Consultant for PaperClip Incorporated. In his current role, he is responsible for strategic direction,operations, and corporate communications. Prior to joining PaperClip Software, Mike was the Executive Vice President and co-founder of CMF Design System, a custom software and systems integration firm. Mike received a Bachelor of Science from Rowan University and served as a Captain in the United States Marine Corps.

 

 


Sep 19, 2013
Mike Bridges

The mortgage industry can learn from other industries that are highly regulated and handle a great deal of NPI. Such as, The Life Insurance and Securities industries, which have a significant amount of requirements to comply with compared to any other industries. Agents, Advisors, BGA, BD, Medical Service providers and Carriers handle NPI, PPI, financial, medical, educational information for which they are accountable for. Here are some steps to help your organization build a simple but effective security plan:

Sep 12, 2013
Mike Bridges

The frequency of online attacks against U.S. business continues to increase, along with the cost of defending against those attacks and mitigating any resulting data breaches. Cyber crime now costs a U.S. business $8.9 million per year, an increase of 6% from 2011 and 38% from 2010. Those findings come from the "2012 Cost of Cyber Crime Study," which was sponsored by security intelligence tool vendor HP and released Monday (10/8/2012) by Ponemom Institute. The businesses profiled in the study also reported that on average, they’re collectively seeing 102 successful attacks per week, up 72 attacks per week in 2011 and 50 attacks per week in 2010.

Aug 27, 2013
Mike Bridges

The key is having a solution that is easy and simple to not only implement, but use for everyone involved in the e-mail transmission. This approach ensures greater traction and compliance. Cyber threats in mortgage affect your entire business. Are you protected? PaperClip's eM4 protects customers' personal information from unwarranted access and the accountability for its use. This significantly minimizes your exposure to compliance and reputational risk. Here’s how it works:

Aug 20, 2013
Mike Bridges

In a presentation titled "Navigating CFPB Investigations and Enforcement Actions" by Jonathan Pompan, Partner, Co-Chair CFPB Task Force, Venable LLP, he asked, "Who is subject to a potential CFPB Investigation? The CFPB authorizes the Bureau to conduct investigations to ascertain whether any person is or has been engaged in conduct that, if proved, would constitute a violation of any provision of Federal consumer financial law. This includes: Banks and Credit Unions, All Mortgage Related businesses, Small Dollar Lenders, Private Student Lenders, Debt Collectors, Consumer Reporting, Consumer Credit and related activities, Money transmitting, check cashing, and related activities, Prepaid cards, Debt Relief, Financial Advisors, Service Providers, and more…" And that’s not all.

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