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Category: Uncategorized
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Worst Passwords of 2011
Pro tip: choosing “password” as your online password is not a good idea. In fact, unless you’re hoping to be an easy target for hackers, it’s the worst password you can possibly choose.
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Scheduling Your Time
It seems everything you do now centers around how much time you have to devote to the specific event. Most individuals struggle with allowing adequate time between family and work! With demands of family life, attending school events, maintaining your home and the list goes on and on, your time is extremely valuable.
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Common Confusions in our Audit Scope
I think by now everyone knows that we review every booklet of the FFIEC guidelines, but sometimes there is some common confusion about where our audit scope checklist ends and begins. Let’s clear that up.
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Communication – Proceed with Caution!
As technology becomes more a part of our lives, there are more and more ways to communicate with one another instantaneously. With family, friends and business partners all around the world, electronic communication is becoming more the norm for everyone.
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New FFIEC E-Banking Guidance
Everyone’s got an opinion on the new guidance that was a long time coming. If you haven’t reviewed it yet, you can find it here. Overall, the guidance is vague (like usual) however spends more time and emphasis in some key areas. Here are the highlights and areas where I think examiners will focus for the new guidance that goes into effect in January 2012.
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Consumer Education a major part in fighting online banking fraud
” The majority of the recent online banking fraud occurred because attackers were able to infect computers used for online banking and commercial online cash management services with Trojans or other malware, generally with the ability to capture passwords, steal documents and cookies, and remote control the infected machine. The first layer of defense is to educate clients on practices that will keep their systems from becoming infected.”
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