Most Popular Security Content
Who should conduct the investigation?
02/27/2022
We have an internal fraud in our financial institution? Internal Audit, Human Resources and the Security Department are in a major fight over who should be handling the investigation! My question is who should be conducting the investigation?
The Auditors may not be able to help you!
02/20/2022
We are conducting an internal fraud examination concerning three people who might have done it. Our CEO has contacted our outside auditing firm for help. I don’t think the person they sent has even handled an internal fraud case before. What should we do?
Joint Acct-1 Spouse Conducting Suspicious Activity
01/23/2022
I have a BSA question about a Suspicious Activity Report. It is a joint account with a husband and wife, but the husband is solely the one conducting the suspicious activity. We have had no interaction with the wife and have no suspicion of her -- she is a non-player in the event. When we file the SAR, how do we treat the wife? Is she a subject by default? She's not a victim. Do we leave her off entirely?
Is “Bait Money” required by regulation?
01/16/2022
I have been told that the regulations require every financial institution to have bait money. So, are we required to have bait money at every teller window?
Effectiveness of security guards
01/16/2022
Are security guards a deterrent?