Western Banker - May/June 2014 - (Page 10)

Fallout from the Target Data Breach By Courtney Stout Stolz T he fallout for banks from the Target data breach is significant and ongoing. According to public reports, the Target data breach compromised 40 million cardholders' 10 www.wib.org Western Banker credit and debit card numbers and 70 million customers' phone numbers and e-mail addresses. Not surprisingly, even prior to the highly publicized Target breach, directors and general counsels were citing data security as their number two concern for 2013 in the FTI Consulting 2013 Law and the Boardroom Study. Your bank and its customers have a heightened concern http://www.wib.org

Table of Contents for the Digital Edition of Western Banker - May/June 2014

A Message from the President & CEO
What the Regulators are Looking for to Manage Vendor Risk
Fallout from the Target Data Breach
Will Your Compliance Management System Pass Muster?
Don’t Be Caught Off Guard: Prepare Your Bank for a Successful Compliance Exam
2013 Innovative Community Bank Award Winners
New Product Development – A Big Challenge and a Potentially Big Reward
Compliance Issues and Considerations in M&A Due Diligence
The Second Wave Breaks: The CFPB’S Final TILA-RESPA Integration Rule
Dodd-Frank Pre-Purchase and Monitoring Requirements for Your Bond Portfolio
Professional Development Resources
2014 Annual Conference
Index of Advertisers/ Advertiser.com
Welcome New Members

Western Banker - May/June 2014

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