Bankers' Hotline, Volume 25, Number 2
Many banks are turning to third party suppliers to manage their IT needs, which may lower costs but comes with added risk. The FFIEC has issued an appendix to its BCP booklet to provide guidance on managing that risk.
The banks vs. retailers debate on who is responsible for the losses and costs associated with a breach continues.
In The News
- Small Banks Redefined for CRA
- A Plan for Faster Payments
- A Call for Collaboration
- New Account Screening Overhaul
- A Joint Initiative for Financial Education
Fraud Trends and Schemes
Vendor Management, Part IV
The ongoing monitoring of contracted third party services is covered in part four of our vendor management best practices series.
In the wake of high-profile data breaches, the NCUA provides consumers with resources to protect their identity.
The FDIC has issued further guidance to reinforce the agency's policies on providing banking services to all customers and effectively mitigate associated risks.
Focus on Fraud
- Patriot Program Weeds Out the Bad Guys
- CU Helps Bring Down Tax Fraud Scheme
- A New Brand of ATM Fraud
- The Latest SAR Statistics
From the editor's desk
Security directors and top to mid-level bank managers are often faced with tough decisions that require strategic thinking, and the outcome is not always a desirable one for all involved.
Questions & Answers
- IRS Scams
- Marketing to College Students
- New Emphasis on UDAAP
- Third-Party Endorsement on Business Checks
- Executive Editor:
- Barbara Hurst
- P. Kevin Smith, CPP
- Contributing Editor:
- Teri Wesley
- Board of Advisors:
- John S. Burnett
Peter G. Djinis, Esq.
Lucy H. Griffin
Mary Beth Guard, Esq.
Robert G. Rowe, III, Esq.