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Technological Advances to Improve Security: What’s Available

The technology age has brought a plethora of products and services that have changed how we live, work, and play. We can do just about everything without ever leaving our homes. We can buy groceries, do our banking, and buy just about any product you can imagine. We can even do these things no matter where we are in the world, as long as we have "connectivity". Technology advances have also combined the multiple devices we have grown to love and just can't be without like smart phones, blackberries, MP3 players, and now iPads. We can communicate instantaneously via email and instant messaging, in fact when it comes to electronic data, over 90% of all a companies assets are created, stored, processed, and transmitted electronically. Just look at your institution, look at the technology and processes you have implemented: Internet connectivity, websites, email, online banking, bill payment, laptops, instant messaging, VoIP, imaging, merchant capture, and mobile banking. Unfortunately, all these advances have come with a price, risks are increasing, and the need for security, and monitoring is imperative. Fortunately, there are also technology advances that help us do just that, but unfortunately, many financial institutions aren't taking advantage of them.

This presentation will provide an overview of some of the products and services available to help financial institutions improve security, reduce risks, and increase productivity.

Audience:

Senior management, audit, risk managers, compliance, operations and IT.


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