Description
The demand on banking institutions for more robust and sophisticated AML programs is at its peak. Learn how to identify cyber security threats facing your financial institution, and incorporate situational awareness within your existing AML program.
Background
The world of fraud is constantly shifting, and those who launder money have become more and more creative in their techniques. For banks, complying with strict regulatory mandates and complex AML regulations has become an increasingly difficult task. Fines for non-compliance have soared, reaching in some cases, to billions of dollars. The demand on financial institutions for more robust and sophisticated AML programs is at its peak. Innovation in combatting cyber-warfare is mission critical and situational awareness is fast becoming the new standard in AML training and programs.
Agenda
• Theoretical models of situational awareness
• Utilizing situational awareness to detect and mitigate threats
• Methods of cyber-warfare facing the banking industry today
• Understanding your baseline in order to properly monitor and detect deviations
• Case Study: A Tale of Two Banks. An eye-opening example of how and why reporting-based responses are being replaced by situation awareness in today’s banking industry
Benefits
This brand new webinar event will help you:
• Uncover the most up-to-date intelligence on cyber security threats facing financial institutions today
• Create a comprehensive blueprint for incorporating situational awareness within your existing AML program
• Develop a cycle of information, intelligence, and operations to drive your AML program into the next generation of mobile and internet banking
• Implement real-time situational awareness with layered security measures in your existing AML program
Who Should Attend
• Risk Management Personnel
• Directors
• Board Members
• Security and IT Professionals.
• AML and Compliance Officers