Presenter: Barry Thompson, CRCM, Thompson Consulting Group, LLC
Date: Thursday, August 2, 2012
Time: 2:00 - 3:30 pm Central

Focus:
If you are charged with the responsibility of reporting to the board on security, this program will prove to be invaluable.

This webinar provides the formula for reporting to the board annually.  Your security officer will receive valuable resources that provide statistics, facts, and information to reduce liability for your credit union.  The webinar will also review the reason security is often overlooked and provide security officers with a new way to view the credit union.

The NCUA’s 12 CFR Part 748 only provides a broad guideline of what your credit union’s security program should achieve.  Many credit unions are satisfied if the NCUA does not take issue with the credit union’s security program.  However, you don’t want to wait for a lawsuit against the security officer, management and the board of directors (both jointly and individually) to learn that the report was missing several key items.  The information that should be reported to the board to protect the credit union during litigation is very different than what regulators examine to ensure compliance.

What You Will Learn

• Understand how the security officer, management, and the board can be held both criminally and civilly liable for security issues
• Learn what information should be reported to the board annually
• How to present major problems to the board when you have limited time
• Why the security officer should report to the board in person
• How a foreseeable event could impact the credit union

Who Should Sign Up?
This informative session is designed for security officers, internal auditors, CEOs, and anyone with risk management responsibilities.

About the Presenter:
Barry Thompson is an international speaker, trainer, consultant, and writer.  He is a security and compliance “guru” for a leading national training organization and regularly presents security conferences for trade groups.

Barry is recognized worldwide, presenting in Brussels, Belgium to European bankers on internal fraud; at the United Nations on identity theft for the United Nations Credit Union; and to Japanese bankers on bank security.  Barry has worked in the financial services industry for over three decades, and has held the positions of security officer, compliance officer, treasurer, senior vice president, and executive vice president.  He has handled over 900 security cases and has been involved with investigations and prosecutions at the federal, state, and local levels.