Board Essentials Module 2: The Board’s Role with Cyber Security
The Board’s Role with Cyber Security
Fund-transfer fraud and account takeover scams result in millions of
dollars in losses. In 2018, financial
institutions filed nearly 39,000 suspicious activity reports (SARs) regarding
wire fraud. Cyber criminals grow more
sophisticated every day. This session
will address your institution’s FinCEN reporting requirements, the following
types of cyberattacks, and what directors should know about them:
- Business email compromise (BEC)
- Email account compromise (EAC)
- Corporate account takeover (CATO)
- Identity theft, including new strategies involving children’s identities
Duration 40-minutes
Presented By
Brode Consulting Services, Inc.
This Webinar Appears In
© 2022 FINANCIAL EDUCATION & DEVELOPMENT, INC
