Those with security and operational risk-management duties already know things have not gotten any easier. Security breaches are up, the economic environment is uncertain, financial reform is in the air, and every day we see increasing evidence of financial crimes against banks and bank customers. The 2011 Security Management Seminar will identify these issues and present hands-on solutions to many problems facing today’s bank security professionals.
This year will feature all-new topics, including conducting effective security and fraud employee training – for new employees, supervisors, as well as management and the board. Responding to the many natural disasters and catastrophic emergencies this year, the program will also look at proven business continuity and recovery planning considerations to reduce disruptions and minimize loss to your institution. The seminar presents how best to deal with controllable losses and meet security challenges on the frontline—through training, testing and technology. After BSA/structuring, “fraud” – including check fraud, identity fraud, and mortgage fraud – is the most reported category of suspected incidents on SARs filed by banks. The program will discuss SAR investigative and filing considerations. Background investigations of prospective employees are even more critical in today’s environment and will be detailed in the seminar.
In these uncertain times it is imperative to pay attention to the principles of prevention, deterrence, detection, due diligence, safety, profit protection and the avoidance of loss.
This seminar is designed to help:
- Those experienced as well as new to bank security and operational risk management stay abreast of new developments, changing industry standards and heightened regulatory expectations – for financial crime prevention, detection and investigation
- Focus and refine the duties and responsibilities of each security professional and investigator
- Review and enhance your institution’s policies and procedures
- Network with your peers through valuable interactive discussion
This article is presented by NABS/Profit Protection. Profit Protection, LLC is a bank security education and consulting firm offering security and training products for bankers. The 2011 Bank Security Management Seminar will be October 11 in Cedar Rapids and October 12 in Cedar Rapids.