Robbery Date: 09/04/09
Bank Name: BankTrust
Location: DeFuniak Springs, FL
Should a requirement for the position of Information Security Officer be independence? Can the Information Security Officer also have duties associated with the finance area of the bank?
Does the Bank Protection Act require that we file an annual report to the FDIC?
Our security officer has given us notice that he is quitting. Is there a time limit before we have to appoint a new security officer?
I plan to include a recommendation in my annual report to change the current reporting structure for the Security Officer. Presently, I report to the VP of Retail Operations. I am seeking references to cite that advise the bank security reporting structure should be in other areas such a finance, risk, administration, but not through retail because of the apparent potential for downward influences and the need for independence.
Dana Turner, a BOL Guru, has stated in several presentations that "a change in the institution's environment often necessitates a change in the institution's security strategy." How far should we carry this line of thought?
My question is in reference to robbery procedures for our phone center. We are directly attached to the branch and the branch has robbery packets and procedures. However, being very secluded in the back room and one entrance/exit door (through the branch) we are in need of procedures for our phone center staff in the event of a robbery. Should we remain in the back room and call the police as well?
I was wondering if you knew of any problems associated with having a Security Officer at a holding company level instead of at the bank level? The idea would be one Security Officer for two banks.
We are in the process of choosing a new security officer, is it a requirement that the security officer be an officer of the bank or can the bank designate an employee?