Liability

Carefully review your third-party service provider contracts-don't just accept, negotiate!

Using third-party service providers may boost confidence and capacity for financial institutions, but a breach at a third-party vendor may create havoc for any bank...

Be sure that BYOD protocols are in place

BYOD policies can add another layer of protection to your systems, enhance data security, and protect your own employees’ devices and information. Remind employees ...

Fraud involving HELOC loans shows no signs of slowing

Criminals are finding new ways to target banks and their customers through HELOC loan fraud. See suggested steps to take to help mitigate HELOC-related fraud.

Be aware of liability when serving alcohol at company-sponsored functions

Owners and managers should recognize the liability associated with providing alcohol at company events that is not entirely unlike the risks borne by local bars or ...

What is “Negligent Entrustment” and what does it mean for your bank?

The number of negligent entrustment suits and verdicts is increasing, with large settlements being common and judgments often including punitive damages. The costs ...