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:
Duration 40-minutes
- Business email compromise (BEC)
- Email account compromise (EAC)
- Corporate account takeover (CATO)
- Identity theft, including new strategies involving children’s identities
Presented By
Brode Consulting Services, Inc.
This Webinar Appears In
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