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Staying On Top of Vendor Risk Management News: Week of October 1

Oct 5, 2018 by Branan Cooper

Read some top stories below related to third party risk management that we found interesting from this past week. There’s news on cybersecurity, words from the new FDIC director and even a cartoon of interest. 

Industry News for the Week of October 1

Cybersecurity threats are real: Read here

and cybersecurity spending is up also: Read here

Powerdialing has powerful penalties: Read here

Secret Service warns of ATM skimming: Read here

New privacy laws looming in US?: Read here

More cyberattacks on big banks: Read here

You’ve heard me make this argument before!: Read here

Jelena McWilliams’ first few weeks at FDIC, as reported by American Banker: Read here

Maryland’s new law on “abusive” practices goes into effect: Read here

Creating a culture of compliance: Read here

Cartoon:

10.05.18-Industry-News-image-cartoon

Do you know if your vendor is in compliance? You don't want to be affected by an enforcement action. Download our infographic now to walk you through what to do and what to monitor.

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Branan Cooper

Written by Branan Cooper

Branan Cooper is the Chief Risk Officer at Venminder. Branan has nearly 30 years of experience in the financial services industry with a focus on the management of operational and regulatory processes and controls—most notably in the area of third party risk and operational compliance. Branan leads the Venminder delivery team as the third party risk management subject matter expert in residence. Branan also serves as an industry thought leader. He's a member of InfraGard and the Professional Risk Management Industry Association (PRMIA). And, he was selected in 2018 as an advisor to the Center for Financial Professionals (CEFPro) and board member for the Global Sourcing Resource Network (GSRN).

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