Manage

Risk assessment and management in financial institutions

• Holistic fraud reduction through customer security management

  Monitoring customer behavior across multiple channels would help banks fight fraud, but today's fraud detection technology isn't there yet. In this tip, financial services expert Jerry Silva explains how banks could benefit from the concept of "... Continue Reading

• Aite Group: Take action now to manage remote deposit capture risks

  Fraud losses involving RDC technology have the potential to skyrocket if banks don't work proactively to deal with the risks, research firm says. Continue Reading

• Financial industry event will test response to cyber attacks

  Banks, card processors and others are invited to participate in three-day exercise to test their response processes to various cyber attacks Continue Reading

• Don't forget the cleaning crew in your vendor management program

  Banks often overlook non-IT vendors in their vendor management program, putting their organization and customers' data at risk, experts say Continue Reading

• Social media: Risk management strategies for financial institutions

  Social media sites like Facebook and Twitter present financial institutions with reputational, liability and information security risks, making it critical that they adopt a comprehensive social media strategy. In this tip, Andrew M. Baer examines ... Continue Reading

• Podcast: Detecting and investigating insider fraud

  Insider fraud is a continuing battle for financial institutions but the economic recession has increased the risk. In this 17-minute podcast, Brenda Buetow, a certified fraud examiner and senior manager of forensic services at Crowe Horwath, ...Continue Reading

• Industry reaction to FFIEC remote deposit capture guidance positive so far, says FDIC official

  The FFIEC in January released guidance for managing risks associated with remote deposit capture systems. In this podcast, which is about 8 minutes long, Michael Jackson of the FDIC talks about the industry's reaction to the guidance and his sense ...Continue Reading

• Security on the street with SearchFinancialSecurity.com: Risk management

  Societe Generale, Black Monday and bank failures are just a few of the reasons that the financial industry is in turmoil. Editor Sarah Hurley recently spoke with Chris McClean, an analyst at Forrester Research, to discuss the state of risk ...Continue Reading

• Investigation management tools ease fraud pains

  Inconsistent processes throughout a financial organization can lead to security breaches, fraud and more. Expert Michael Rasmussen recommends companies have an enterprise platform to remain secure and combat fraud.Continue Reading

• Institutionalizing risk management for ongoing management support

  Charles Cresson Wood explains how valuable a crisis is for institutionalizing risk management to periodically bring information security to the attention of top management.Continue Reading