Cash Recyclers, Pod Banking & ITMs
Banking as we’ve known it is rapidly changing. Apps, pod banking, cash recyclers, interactive teller machines and other new technologies are affecting how we do business and offering new challenges to security. This fast-moving presentation embraces these new changes by explaining how we can implement them to make them valuable and profitable to the financial institution while maintaining effective security protocols. This presentation isn’t based upon theory. It’s a real-life, real-time program relating to issues that may contribute to an institution’s losses.
The 4 Ls of Physical Security
Is that beautiful, flowering tree blocking sight lines to your entry? How long has that lightbulb been burnt out? Crime Prevention Through Environmental Design (CPTED) discourages criminals from attacking your bank! This session will review inexpensive and effective changes you can implement immediately to make sure your facility is safe and secure. The session will review exterior security concerns such as landscaping, lighting, location and locks -- interior concerns at your branches that only a vulnerability assessment can discern. We also will review building design flaws and how to correct them and discuss why a night inspection program is essential. Pictures from problems other financial institutions encountered will be used to show you the mistakes and recommended changes.
Internal Fraud: The Warning Signs
How prepared is your institution for internal theft and fraud? Embezzlements were the one of the most reported SAR events filed by financial institutions from 1996 to 2019. This riveting session identifies the behavioral changes that can identify internal frauds in the making. We review the warning signs that every staff member should look for or be able to identify to help stop an internal embezzlement. Discover where the thief will spend the stolen funds and how they keep their stealing from being found. Know whether you should do the investigation or hire a certified fraud investigator. This insightful program provides you the tools needed to understand the workings of an internal fraud.
Board Reporting: The Security Perspective
Regulations specify that the security officer must report to the board annually and that the implementation, administration and effectiveness of the security program be addressed. What exactly the security officer should report to the board is not clearly identified in the regulations. This interactive session will review best practices relating to training, inspections and foreseeable events that should be reported to your board.
About the Instructor
Barry Thompson is a nationally-recognized speaker, consultant and former banker with nearly 40 years of service to the financial institution industry. His financial services career spanned 22 years before he “retired” to establish Thompson Consulting Group LLC, his consulting firm that assists financial institutions in competing more effectively by providing services specifically targeted to risk management and security.