Western Independent Banker - September/October 2008 - (Page 12)

What Can • Increase security awareness and responsibility among individual employees and create a process for reporting suspicions. • Increase employee awareness of your bank’s ability to monitor activities and of the possibility of prosecution. • Incorporate mandatory password protection and change policies and use of password-protected screen savers to minimize the possibility of insiders using another employee’s computer and/or account to carry out an attack. • Deactivate immediately computer accounts, system authorizations and remote access when employment or consulting agreements are terminated. • Use caution when providing remote access to critical data, processes or information systems. • Employ a layered security approach to allow remote access to e-mail and noncritical data, but restrict access to critical data and information systems only to employees physically located inside the workplace. • Frequently log and audit remote transactions. • Perform credit and criminal checks on employees. Look for histories of financial difficulty, fraud, theft, etc. • Employ an outside security organization (if you do not have a technical security department or system administrator trained in forensics) to use technical means in identifying insiders once an attack is detected. Te d Ke ni s ton i s a professional services managing consultant a t S e c u r e Wo r k s , headquar tered in Atlanta. He can be reached at 404417-376 4 or tkeni ston@securework s. com. SecureWorks is a WIB-endorsed Value & Income Program partner (VIP). Keniston will present this topic during the WIB Technology & Security Summit on October 1-3 in Las Vegas. Do For You? Manage Risk! CONSTRUCTION LOANS require constant MONITORING, OVERSIGHT, DUE DILIGENCE and COMMUNICATIONS with the people involved. ECL Software addresses all these issues and more with its AWARD WINNING Solutions: FUND CONTROL (FC) and FCW! • Unlimited Risk Criteria Tracking • Portfolio Concentration Reports • Continuous budget analysis • Compliance with Regulatory & Examiner requirements • Automated State License and OFAC checking • Stress Testing FCW Fund Control On The Web 24/7 access to: • Loan budget information • Submission of draw and/or budget realocation requests • Upload inspection narratives, percent completes, and pictures All the products in the world can’t compensate for great compensation consulting. You hire a compensation consulting ﬁrm for one reason: To get comprehensive, unbiased compensation consulting. Period. That’s Amalﬁ Consulting in a nutshell. We’re an experienced, independent compensation consulting ﬁrm that focuses solely on the needs of ﬁnancial institutions. So you get nothing but clear, relevant solutions aimed at motivating and retaining valued employees. For more information, contact Gayle Appelbaum, 952-893-6795 or gayle.appelbaum@amalﬁconsulting.com. Take your compensation in a new direction. For more information or to schedule an online demonstration, call ECL Software at: Compensation consulting. And nothing else. (800) 625-5972 ext 212 or visit our web site: www.JustDoItOnce.com www.amalficonsulting.com 12 386129_ECL.indd 1 7/3/08 11:16:30 PM 388654_Amalfi.indd 1 www.wib.org Western Independent Banker AM 6/24/08 9:49:55 http://www.eclsoftware.com http://www.amalficonsulting.com http://www.wib.org

Table of Contents Feed for the Digital Edition of Western Independent Banker - September/October 2008

Western Independent Banker - September/October 2008 Contents A Message from the President & CEO What To Do When Good Employees Go Bad! Remote Deposit Capture: What’s Your Target Market? Remote Deposit Capture: Lessons Learned Debit Decoupling: Part of Larger Merchant Funding Trend Debit at the Speed of Life: A Look at Debit Technologies on the Rise ID Theft Rule: Automating the Compliance Process Lose Paper and Gain Audit Trails Data Loss Prevention: A New Package on an Old Idea Securing Data in Transit Margin Management: Get in the Driver’s Seat Shopping for Cyber Insurance WIB Service Corporation Report WIB Calendar Welcome New Members Index to Advertisers advertiser.com

Western Independent Banker - September/October 2008

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