This past week in the world of third party risk there have been interesting stories on a SEC enforcement action related to lack of cybersecurity preparedness, the OCC’s 2019 supervisory plans, simple steps for emergency preparedness, an interesting read on complaints on social media and more. Read the stories below.
Industry News for the Week of September 24
Emergency preparedness can be simple, too: Read here
Compliance officers need to be tech-savvy: Read here
FinTechs could cause the next financial crisis – a bit of an alarmist view: Read here
Handling complaints on social media – an important read: Read here
OCC tries to kill charter for thrifts: Read here
OCC releases its 2019 Bank Supervision Operating Plan – emphasizes risk based and commensurate with size of the supervised institution, also speaks of service provider oversight. High level (2 page) plan: Read here
Fiserv acquisition expands its footprint in third party debit payment space: Read here
So, Nelnet withdraws its bank charter application: Read here
SEC charges broker dealer with cybersecurity weaknesses that led to a breach: Read here
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