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Identity Issues in Banking

Monthly on selected Wednesdays at 1:00 p.m. Central Time in two CPE event

Do you really understand the list of Federal regulations concerning identity issues?

This webinar training helps attendees to understand the problems with 26 Red flags released by federal regulators in regards to identity fraud. The instructor will discuss how to create and implement the fraud control program and identity solutions to combat ID theft and reduce future losses.

What is going on with regard to customer ID and the Equifax data breach? We now know this breach was must like a Chinese Army operation.

 

Banks have been increasingly dependent on Credit Agencies' data to support their customer identity needs. After the data breach at Experian, fraudsters buying data on the Dark Web have access to the same credit report data that the bank does.

 

Banks need to do some basic rethinking about customer and potential customer identity issues, and they need to do that quickly. This is going to require creative thinking, as there is no "solution" in a box on the shelf.

This timely, two hour CPE training event is designed for internal auditors, compliance professionals, and others who wish to improve their tradecraft skills when it comes to non-public information protection and detection of misuse.

This timely, two hour CPE training event is designed for the internal auditor, compliance professional and others who wish to improve their compliance tradecraft skills.

The retail cost of the online 2 CPE internal auditor training event is $120 per attendee.

Each attendee will receive 2 CPE Hours (YB). A certificate of completion will be provided.

Program Level of Understanding: Basic
Prerequisites: None
Advance Preparation: None
Delivery Format: Group Internet Based
NASBA Field(s) of Study: Business Ethics
CPE Credits: 2, based on 50 minutes of instruction per hour

CPE Event Highlights

This webinar training helps attendees to understand the problems with 26 Red flags released by federal banking regulators in regards to identity fraud.

The instructor will discuss how to create and implement the fraud control program and identity solutions to combat ID theft and reduce future losses within a banking institution.

 

Learning Objectives

This CPE event will cover the following learning objectives:

  • Understand the Federal regulatory deification of "Identity Issues".

  • Understand how to review the bank's current compliance.

  • Learn how approach improving compliance.

  • Understand which "Red Flags" to look for.

 

Key Items on the Agenda

The major agenda items within this intense CPE training event are answering:

  • What has changed?

  • Problems with the "26 Red Flags"

  • Red flags indicating ID threats for new accounts

  • Red flags on applications

  • Red flags on credit reports

  • Red flags on documents provided

  • Red flags on early use of new credit

  • Red flags indicating ID threats for existing accounts

  • Directions for ID Tools in a post-breach world