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FFIEC

Cyber Security: Four Critical Steps to Take Now

Dec
01
Cyber Security: Four Critical Steps to Take Now

It’s no secret that the financial services industry is a prime target for cyber criminals. According to the NetDiligence Cyber Claims Study, which surveyed cyber liability insurance providers, hacks of financial data are second only to healthcare at 17% (of all data hacks) vs. 21% respectively.

Posted By Brianna O'Hara read more

FFIEC Provides Social Media Guidance

Dec
31
FFIEC Provides Social Media Guidance

Earlier this month, the Federal Financial Institutions Examination Council (FFIEC) released its “Social Media: Consumer Compliance Risk Management Guidance." This 19-page document outlines the applicability of existing requirements and supervisory expectations—it was not published to impose any new requirements. 

Posted By Nora Holloway read more
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