Internet Banking and Data Security Requirements
Tuesday, July 23, 2019
12:00 pm – 1:00 pm Eastern 

Consumers in the twenty-first century will make a major shift to e-commerce activity.   Consumer-to-business and business-to-business purchasing via the Internet will become the preferred method of commerce.  Financial institutions will become a major player in the transformation process.  In response, regulatory expectations for robust information security programs, security awareness training, and well-developed cyber risk control structures have increased.  Given also the increase in enforcement actions related to privacy and data security practices, financial institutions face unprecedented scrutiny over the adequacy of their cybersecurity strategies.

Topics Covered:

• Pitfalls of internet banking and recommendations for preventing and handling account takeovers
• Security requirements for online transactions
• Encryption, digital signatures, and authentication in an internet security environment
• Access control and system design
• Types of firewalls and Intrusion Detection Systems
• Identifying, Evaluating and Testing software patches
• Implementing and Monitoring web-linking relationships
• Regulatory Guidance on online privacy and security
• Procedures to mitigate business account online wire transfer fraud
• Internet security controls for PC users
• Developing and enhancing your internet security policy

Speaker:

Dena Sommers, Esq / Founder finreg PARTNERS

Dena Somers is a highly regarded bank consultant and compliance attorney. She has provided regulatory compliance and risk management consulting services to financial institutions and companies in highly regulated industries nationwide for more than 20 years. Her areas of expertise include consumer and mortgage lending compliance, Fintech and specialty finance, regulatory compliance training, business strategy and best practice advisement, and corporate governance.

Throughout her career, Ms. Somers has advised hundreds of banking and financial institutions— ranging from local community banks to $50 billion financial holding companies— to achieve operational efficiency while ensuring regulatory compliance. Previously, Ms. Somers served as General Counsel to a national mortgage servicing company, Fintech lender, national money service business, and has represented financial institutions in a broad array of complex litigation matters for more than 15 years. Additionally, Ms. Somers is a published author for Lexis Nexis in the areas of Bank Teller training, loan policies, and loan documentation training.Attendance verification for CE credits provided upon request.

Webinar Sponsored by BankersHUB

If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877