HOW TO REDUCE ORGANIZATIONAL RISK BY STANDARDIZING FINANCE AND ACCOUNTING

The hype-fog surrounding the blockchain and its offspring cryptocurrencies is peaking, and this webinar slices through it. Is the blockchain revolutionary in scope? Absolutely will it all play out in line with the investment dollars? Not at all. Squaring the Blockchain Circle critiques the blockchain ecosystem. ICOs have resulted in some twenty billion dollars flowing into projects even as bubble indicators flash red. Bitcoin has the Midas touch. But there’s manifest blindness elsewhere, and Kunal decimates most half-baked, misconceived blockchain applications attracting funding.

One of the saddest and most disturbing crimes is watching our elderly suffer from financial exploitation. It could be a romantic scam, check scam, problem with a caregiver, unusual transactions of the customer’s account and it is costing your customer his or her life savings. What can you do? What is the response? During this program, we will look at the problem of elder abuse and see what our role can be in protecting our elderly.

The New York State Department of Financial Services has issued new cybersecurity requirements for financial services companies – defined to include New York-chartered banks, Department of Financial Services-authorized branches of out-of-country foreign banks, and New York-licensed insurance companies and insurance agencies. Compliance with some requirements is required by August 28, 2017. Is your company prepared to comply? This session with attorney Chrys Lemon will help you understand and comply with New York’s new cybersecurity requirements. Under the regulations, covered entities will have to conduct a cybersecurity risk assessment, develop and implement a cybersecurity program, adopt other cybersecurity practices, and ensure third-party service providers have adequate cybersecurity programs in place.

The financial industry considers Account Takeover Fraud as the most common cause of loss to their digital business. Fraudsters gain unauthorized access to accounts using many different techniques. Financial institutions need to take proactive measures and a multi-layered approach to monitor, detect and block fraudulent transactions.