Recorded: January 18, 2012
Length: 60 minutes
The "NEW" FFIEC Guidance supplement was issued on June 28th. What does that mean to your financial institution?
The final supplement highlights the need for: Better risk assessments; Effective strategies for mitigating known online risks; improved customer and employee fraud awareness.
The supplement to the FFIEC Guidance recognizes the need to protect customers from newer threats (such as Corporate Account Takeover), but stops short of endorsing any specific technology or approach.
We'll explore some of the technologies such as Routing Number/Account Number validation; monitoring, tokens and the layered security approach. We'll also look at other resources to help you with education, risk assessments and more.
Presenter: Kim A. Bruck, AAP is Vice-President, Business Development for ACH ALERT, LLC.
Prior to joining ACH ALERT Kim was the Manager, Association Services Member Support for Viewpointe, LLC for seven years. Prior to Viewpointe, LLC Kim was the Senior Director of Education and Annual Payments Conference for WACHA for five years. While working at both entities Kim was responsible for training, ACH audits, conference planning along with providing support to their members. Previously Kim has worked 25 years in financial institutions.
1 CPE Credit
Program Level: Basic-Intermediate