Latest Security - Privacy Topics

Patriot Act: FinCEN Issues and Proposes Regs on Information Sharing

03/01/2002

First, it is important to remember that there are two types of information sharing that will be authorized under the Patriot Act.

Tips on Suspicious Activity

02/25/2002

by Mary Beth Guard

Service Provider Confidentiality Agreements

02/11/2002

I am unsure what type of service providers we need a confidentiality agreement with. Some examples are: appraisers, realtors, surveyors, Insurance underwriters, Inspection companies, title companies, janitroial services, attorneys used for legal purposes for the financial insitution, attorneys used for title searches and other legal work involving a loan, Insurance companies use to obtain insurance coverage for the bank.

Required Employee Training

02/11/2002

I'm a new compliance officer and I need to know what regulations require employee training. I'm in the process of putting together a compliance training calendar for my bank.

Making Sure Your Customer Authentication Method is Commercially Reasonable

02/11/2002

We are nervous about the method we are currently using to authenticate our online customers. We require the customer to put in their user name and a four letter password. Do you think this is sufficient?

Information Security: What do I need to know?

02/04/2002

What are the information security needs of a bank?Which laws/guidelines deal with information security needs of the bank?What are the steps involved in designing a security policy for a bank?

Third Party Verification & Privacy

02/04/2002

In relation to the Privacy Act, is verifying funds for a 3rd party (i.e. merchant verification of funds) an exception under 14 or 15? I attended the Pegasus Privacy Seminar recently.

STATISTICS, FACTS, & SUCH

02/01/2002

"Cash 'til Payday" loans, operated in 40 states, have grown from about $3 million in 1995 to $400 million in 2001. Interest on the loans runs 15% to 20% over two weeks.

Thinking About Privacy

02/01/2002

Jim Harper, president of Privacilla, in his speech to the privacy conference hosted by the Progress and Freedom Foundation and the Pacific Research Institute, raised the core question: what is priv

Making Customers Comfortable with Online Services

01/07/2002

We all understand the positive impact to our bottom line if more of our customers conduct transactions over the Internet. What must we do to make the Internet more secure and make consumers more comfortable conducting financial transactions and services on the Internet?