Posts in Category: Spotlight

Blog Post List

FBI issues bulletins on Dyre and Carbanak malware 

The FBI released several updates and bulletins to the banking industry regarding two different malware: Dyre and Carbanak/Anunak. The Dyre malware is being used with social engineering in order to get around two-factor authentication typically required by banks for large wire transfers.

Read More

 

Fleet-footed investigations and prompt remedial action: the new normal 

The following article by Philip Storm, Earl M. (Chip) Jones, III and Greg Keating is reprinted with permission from Littler Mendelson

Whistleblowing has really become a hot issue. In March 2015, the SEC issued a half million dollar bounty award to a whistleblower, serving as a huge reminder to employers–including community banks–to have protocols in place to investigate and respond to internal complaints and concerns. The national law firm of Littler Mendelson, experts in employment and labor laws, shares some insight to effectively address internal concerns to prevent (potentially embarrassing) escalations of situations.

Read More

 

Steps to encourage a harassment-free work environment 

Workplace harassment takes on many forms, making it difficult to tell the difference between normal office banter and offensive or unlawful behavior. Most of us agree that we want our workplace to have a friendly and enjoyable environment. There are some practical steps a business owner or manager can take to encourage a harassment-free environment and protect the company from claims and lawsuits.

Read More

 

The importance of having a breach response in place 

Mar, 2015 Categories: Banks Spotlight

The possibility of a bank’s systems being hacked are increasing, regardless of the size of the bank. In addition to the well-publicized breaches of mega and regional financial institutions, we are witnessing more reports of attacks on smaller community banks. Your bank should have a workable breach response plan in place on which your staff can quickly rely and follow immediately upon the discovery of a breach.

Read More

 

25th consecutive distribution declared 

Participating banks to share $1.1 Million
Mar, 2015 Categories: Banks News Spotlight

American Bankers Mutual Insurance, Ltd. (ABMI) has declared a $1.1 million distribution to current member banks of the American Bankers Association (ABA) that have D&O, Financial Institution Bond and related insurance from ABA Insurance Services.

Read More

 

ABA Insurance Services gives back 

Mar, 2015 Categories: News Spotlight

Service is one of the core values of ABA Insurance Services. While we exemplify Service in our daily business interactions, we extended our Service to our community on our 5th Annual Day of Service, December 10, 2014.

Read More