Category: Uncategorized

From Baseline…

This may get ugly. Those with weak constitutions should avert their eyes.

Thanks to all that were able to attend our webinar last Friday on Enterprise Risk Management: Strategies for Your Organization. Also thanks to our speakers Denis O’Neil and Mary White of WTC Performance Group for covering such a relevant topic.

In response to Financial Institutions needing to implement an Identity Theft Prevention Program banks should really offer up some type of program with identity theft protection companies. It makes perfect sense to me. Why not have my fraud and credit monitoring associated with my bank account? My bank could be my one stop shop for all my financial needs, including credit monitoring.
With all these new banking products coming out like high interest checking and remote deposit capture, banks could also offer a checking account program that monitors my credit and other accounts as well.
In addition to being able to offer customers an excellent product, banks could also comply with the new Identity Theft Prevention Program requirements. These requirements state that banks should implement policies and procedures to protect identities as well as educate customers on how to protect their personal information. Well, how better to secure customer identities than a $1 Million Guarantee.

Michael Vizard at BASELINE (The Project Management Center)

Due to the demand of our IT audit, virtual CIO, and other consultant services we are needing more people!

Thanks to all of you who attended our webinar on July 8th to hear Courtney Treadway from Garland Group use the game of football as an analogy to help explain what Compliance means in the banking industry.

This guest post is written by Paul Reymann, CEO and founder of the Reymann Group. He is one of the nation’s leading regulatory experts and co-author of Section 501 of the Gramm-Leach-Bliley Act Security rule. He is also the author of numerous articles and papers on technology risk, transactional web sites, customer information, network security and other technology and safety and soundness topics.