Barry Thompson is an international speaker, trainer, consultant, and writer. He is one of the original security “guru’s” for a Bankersonline and regularly presents security conferences for trade groups – he has trained over 51,000 financial professionals.
Barry is recognized worldwide, presenting in Brussels, Belgium to European bankers on internal fraud; at the United Nations on identity theft; and to Japanese bankers on bank security. Barry has worked in the financial services industry for over four decades, and has held the positions of security officer, compliance officer, treasurer, senior vice president, and executive vice president. He has handled over 900 security cases and has been involved with investigations and prosecutions at the federal, state, and local levels. Barry is the author of 101 Security Tips for the Beginning Security Officer and has been interviewed by Newsweek, Computer World, USA Today, and other national publications.
See all Upcoming and On-Demand training presented by Barry.
Areas of Expertise:
In the Identity Theft PowerPoint presentation, there is a statement that tells you to never write your credit card account number on your check. It seems many vendors ask you to do this for proper account crediting. Any thoughts?
I seem to remember reading about the Nigerians now sending their fraud letters via email. We have someone at ourbank who received one at his home email. His question is, how did they get his email address?
We recently have experienced a large number of check fraud situations where fraudulent items were passed over the teller lines. We ask for two forms of photo identification but still have problems. Is there any new technology you would suggest we consider?
From time to time, I have seen articles regarding customer scams that involve letters from foreign countries requesting the customer provide bank account information with the promise of financial reward for the customer. How do these scams work and can we do anything to alert our customers?
We charged off a large overdraft 10 years ago. The person responsible for the overdraft was inadvertently allowed to recently open a new account. Do we have the right of offset to these new funds after 10 years?
What's the best way to do robbery training effectively without it being scary? We want our employees to be trained, but we don't want to emphasize the risk too much.
How long should we keep our security camera tapes before we reuse them? We normally recycle the tapes after 30 days but recently we had a request from the police for tapes of over six months ago. Are there any guidelines or what do you recommend?
Does a bank have an unconditional right of offset against deposits of customers who have past due loans (at the same bank) whether or not the right is stated in the loan or credit card disclosures?
Should an SAR be filed after a bank robbery if amount taken was under $3000? I used to file reports, but (thankfully) we had not been robbed in several years. The new SAR seems to indicate amount needs to be $5000 or greater.
We have always had dual control on incoming mail. We are now merging with another Bank and they are acting like they have never heard of such a thing. We receive customer deposits and payments in the mail. Every now and then, someone mails cash. What do you think?