The Federal Financial Institutions Examination Council (FFIEC) has issued an updated mortgage fraud prevention guide to help examiners understand, identify and detect these schemes.
Federal banking regulators have just released new risk management guidance on remote deposit capture. This FFIEC guidance is to be used by examiners, financial institutions and technology service providers to identify risks, evaluate controls and assess risk management practices related to remote deposit capture (RDC)...
Regulatory compliance is the backbone of a financial institution's information security program. But compliance alone isn't enough, says John Pironti of ISACA's Education Board, who advises institutions to take a risk-based, not a "checklist-based" approach to security.
With competition at an all time high, a remarkable 41 percent of institutions are looking to offer new services - like Internet and mobile banking - to weather this tumultuous economy. But the industry is simultaneously battling a significant decline in consumer confidence.
So how can institutions nurture...
As of Nov. 1, banking institutions are now eligible to be examined by federal regulators for compliance with the new Identity Theft Red Flags Rule.
So, what should banking/security leaders expect from their initial examinations?
In an exclusive interview, Bill Sewall previews his new webinar, "How to Prepare for...
Red flags, vendor management, business continuity and disaster recovery. If banking/security leaders thought that 2008 was a challenging year for keeping up with regulatory mandates, the old rock and roll song's lyrics say it best: "You ain't seen nothing yet."
Based on expert insight, the following 10 regulatory...
State-chartered credit unions may think they've at least temporarily dodged the enforcement bullet re: the Identity Theft Red Flags Rule. But just because the Federal Trade Commission (FTC) pushed back the compliance enforcement deadline for these institutions doesn't mean that they can take a break, industry experts...
Interview with Banking/Security Expert Bill Sewall
As of Nov. 1, banking institutions are now eligible to be examined by federal regulators for compliance with the new Identity Theft Red Flags Rule.
So, what should banking/security leaders expect from their initial examinations?
In an exclusive interview,...
As institutions look at their calendars and see that November 1 compliance deadline looming, it's time to realize that this isn't just another regulation. The ID Theft Red Flags Rule is about stopping identity theft from happening to your customers.
When I hear information security professionals say they're...
First in a Series of New Roundtable Events Showcasing Emerging Technologies...
Hear about emerging trends in consumer authentication
Find out how consumer authentication can be improved with emerging technologies and new functionalities
Learn how to use authentication as a means to restore trust in your...
When I started this job a year ago and reached out to banking/security leaders, the overwhelming message I got was "Security awareness - we don't do it well."
For banking institution employees, maybe there was an information security training seminar when they first started. Or an occasional workshop on identity...
Resource allocation - the people, places and things - is one of the most overlooked aspects of Business Continuity planning.
In this exclusive interview, crime and information security expert Dana Turner offers insights on:
What resource allocation truly means for financial institutions;
Unique challenges...
Interview With Crime/Security Expert Dana Turner
Resource allocation - the people, places and things - is one of the most overlooked aspects of Business Continuity planning.
In this exclusive interview, crime and information security expert Dana Turner offers insights on:
What resource allocation truly...
Identity theft red flags, business continuity planning, vendor management - these topics all have received fresh attention from the regulatory agencies this year. And with more to come before year's end.
So, as a way to both reflect and project, we take a look at the Top 6 Regulatory Issues of 2008 - and identify...
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