People deposit their money into banks with the assumption that their money will be kept safe. In the past, banks ensured the safety of their customer's deposits by purchasing safes, vaults, and other forms of physical security. Although these traditional forms of security are still necessary, today's banks need to emphasize information technology security if they wish to maintain a reputation as a secure place to deposit money.
This module provides your bank with the information it needs to make informed decisions regarding information technology and stay protected against the latest IT threats.
This course includes an examination.
- Understand how recent technological changes have affected the banking world
- Develop a strategic IT plan for your bank
- Understand how proper vendor management can help to improve IT security at your bank
- Identify emerging IT threats
o Identity theft
o Fraud detection systems
o Customer identification
o Payment systems
o Hardware changes
- Developing A Strategic IT Plan
o Components of a strategic IT plan
o FFIEC requirements
o IT steering committees Exceptions
o Vendor Relationships
o Vendor Contracts
o Communicating with Vendor Customer Support and Management
o Monitoring Vendors
- Emerging Technology and Threats
o Mobile Banking