Financial Protection 
                     Securing Financial Transaction Data Is
Of Prime Importance
The world  has  gone digital.  While  having the data online  has made life  more
convenient and increased the productivity and efficiency, it has also opened doors
for  some challenges.  With having the data online comes the headache of  the
security of the data in the digital format.
This development gives rise to employing measures to  secure the data that is
tranferred  from  one  end  to  another. Data  security refers  to  the  protective
measures that a company puts in place to keep unauthorized access out of their
databases, websites, and computers. This ensures a safe mechanism to protect
data from corruption or loss.
Funding Shield has carved a niche for itself by providing the residential mortgage
industry the highest level of protection in the funding process.  It offers measures
to  safeguard  against  loss  of  funds  due  to  inaccurate  and/or  insufficient
documentation,  data  theft  and  diversionary  wire  practices.  Funding  Shield
provides monitoring at the transaction level by active monitoring of its  clients
closings and inspection of the necessary documentation.
Importance of Data Security
Data security holds immense importance and must not be overlooked so as to
avoid any security breaches. It  is wise to implement data security solutions as
soon as possible if you want to protect your company from cyber-attacks. Here
are the reasons why data security is essential for any company:
 Any Business May Suffer from Cyber-Attacks
Many small companies make the mistake of assuming they do not have to worry
about data security as they are not big enough to be a hacker’s target. Hence you
must consider data security solutions for your company to limit cyber-attacks.
 Your Company’s Assets Include Your Data
It  is  important  to  protect  your  company  data  as  it  is  information  about  the
business itself. It includes information about the services or products offered by
the company, financial plans and business plans, and information regarding the
buyers of the services or goods. Since data can generate future benefits and result
in financial protection and gain, it’s an essential asset that your business has and
must stay confidential and secure.
 Avoids Unnecessary Expenditures
When the data is lost, it can lead to leakage of information about financial details,
confidential  customer  files,  and  employee  information.  Some  companies  are
either ignorant or do not pay much attention to data security and do not invest in
the necessary protocols which can render their business open to cyber threat.
Funding  Shield  works  tirelessly  to  protect  your  company’s  data  integrity  and
security. It understands that reputation and success takes years to gain and it can
be destroyed in a few seconds if you will continue to neglect the importance to
data security.