TOPIC: BCP

Free December Webinar! Tracking Exam and Audit Findings

You are invited to our December webinar discussing best practices for tracking and avoiding exam and audit findings. Register for free today! If you are not able to make it to the live event, the recording will be available for download afterwards.

Standard compliance protocols are set to ensure that processes are followed by management and employees, internal audit, external audit, and government review. In spite of those checks and balances, examiners and auditors uncover deficiencies in your processes, and it falls to your team to resolve them. These issues can be the proverbial ‘hot potato’ on who takes the necessary action on the findings. It’s common for the findings to revolve around third-party risk, business continuity issues, and compliance areas. This webinar will address:

  • The dangers of only using Excel spreadsheets to manage findings
  • Best practices for policies and procedures to avoid findings in the first place
  • How to track to guarantee complete remediation of findings
  • The benefits of testing your remediation to ensure changes take effect
  • Best practices of vendor management, business continuity planning, and compliance to help your financial institution avoid findings

Register Today!

    Last Chance to Register! Lessons Learned: What a First-Hand Account of 9/11 Can Teach Us About Business Continuity Planning

    Don't forget - you are invited to our July webinar discussing the impact of BCP on 9/11. Register for free today! If you are not able to make it to the live event, the recording will be available for download afterwards.

    On September 11, 2001, Lt. Col. Darling worked for the White House Military Office, Airlift Operations Department. It was in this position that he supported the President, Vice President and National Security Advisor in the underground President’s Emergency Operations Center and witnessed unprecedented leadership and decision-making at the highest levels of our government. With this life-changing attack on our nation, Lt. Col. Darling saw first-hand how imperative it is to have proper planning in place in the event of a disaster.

    This special joint webinar will showcase the compelling parallels in planning for and executing on business continuity planning and disaster recovery while Darling shares his story. Key takeaways include:

    • The role of leadership in a crisis – and how to adapt when the leader is absent
    • Determining how much training/planning is enough
    • Best practices for crisis decision making
    • Understanding the difference between business continuity planning and disaster recovery – and putting plans for both in place

    Register Today

      Free July Webinar - Lessons Learned: What a First-Hand Account of 9/11 Can Teach Us About Business Continuity Planning

      Join us for our July webinar! Lt. Col. Darling discusses critical lessons learned on 9/11 and what they teach us about BCP - whether we are leading a bank or the United States of America. Register for free today! If you are not able to make it to the live event, we will send you the recording afterwards.

      LESSONS LEARNED: What a First-Hand Account of 9/11 Can Teach Us About Business Continuity Planning

      On September 11, 2001, Lt. Col. Darling worked for the White House Military Office, Airlift Operations Department. It was in this position that he supported the President, Vice President and National Security Advisor in the underground President’s Emergency Operations Center and witnessed unprecedented leadership and decision-making at the highest levels of our government. With this life-changing attack on our nation, Lt. Col. Darling saw first-hand how imperative it is to have proper planning in place in the event of a disaster.

      This special joint webinar will showcase the compelling parallels in planning for and executing on business continuity planning and disaster recovery while Darling shares his story. Key takeaways include:

      • The role of leadership in a crisis – and how to adapt when the leader is absent
      • Determining how much training/planning is enough
      • Best practices for crisis decision making
      • Understanding the difference between business continuity planning and disaster recovery – and putting plans for both in place

        Becoming Unbreakable: Why Business Continuity is Critical for FIs

        Hello, Bankers! Today we are discussing the importance of BCP to the overall health and longevity of your institution. This post originally appeared on the Ncontracts blog.

        Becoming Unbreakable: Why Business Continuity is Critical for FIs

        Effective business continuity plans (BCPs) are essential for any business but especially critical for financial institutions. Though they vary from bank-to-bank (or credit union), the fundamentals of retail banking are the same...

        READ THE FULL ARTICLE: Download the attached PDF

          Is Your Vendor Prepared for Disaster?

          Good morning, bankers. Today, we're discussing Business Continuity Planning! This post is the first in a series originally published on the Ncontracts blog.

          Is Your Vendor Prepared for Disaster?

          The only thing worse than having a critical system go down is having a critical system go down and having no idea when and in what condition it will come back up.

          Many pages of regulatory guidance have been written to guard against this situation, yet a recent analysis conducted by the FDIC's Office of Inspector General finds that just half of vendor contracts it reviewed "explicitly included business continuity provisions."

          READ THE FULL ARTICLE: Download the attached PDF

            Free January Webinar - Top 10 Things to Consider for an Effective BCP Plan

            Person at a Company (USA)

            Good morning bankers! You're invited to our January webinar on setting up your BCP plan for 2018. Register for free and if you're not able to make it to the live event, we will send you the recording afterwards.

            How’s your financial institution’s business continuity plan? Are you certain it’s current and comprehensive? Or did someone compile it back in 2013 and it has remained in binders ever since? Given the rough past few months of weather and fire calamities, now’s a good time to go back to basics in considering the state of your BCP plan. We’ll explore the fundamental steps necessary to ensure that you’re structuring your BCP program in the most effective format, addressing such issues as:

            1. Gather/Organize the Right Information
            2. Recovery Strategies
            3. Third Parties
            4. People
            5. Call Trees
            6. Resources
            7. Locations
            8. Teams
            9. Documents
            10. Required Functions

            Even if your organization has a full-fledged BCP program, it’s always useful to have reminders on these foundational best practices so your financial institution can remain operational amidst a catastrophic event.

            Register Today

              Free Webinar: Blindsided - How to Respond when a Vendor Gets Hacked

              Person at a Company (USA)

              Hello Bankers! We invite you to join us for the October webinar where we talk about some of the recent security breaches from widely used critical vendors and how your financial institution can appropriately respond to this type of news. See the promo below and join us on October 19th.

              Blindsided: How to Respond when a Vendor Gets Hacked

              It’s easy to forget that vendors store and transmit a tremendous amount of sensitive financial institution data. If you get notified that your vendor has been breached, naturally you’d be blindsided by the event, having to deal with lost staff time, organizational focus, or worse – sensitive customer data. Which would you rather be: Prepared to handle the situation or floundering and worrying about what to do?

              This webinar will help risk managers have a game plan with how to incorporate a vendor incident management plan into the vendor management program. Specific topics include:

              • Issues to handle in vendor data break incidents
              • Best practices for managing third-party risk in every department
              • Responses to each issue and documentation to create
              • Contingency plans in case the responses are ineffective

              Join us as we examine how financial institutions can best protect their blindside by having a documented vendor incident management plan to further mitigate their risk in working with vendors that have access to GLBA-protected data.

              REGISTER HERE

                Blog: 3 Ways to Keep Your Business Continuity Plan Current

                Person at a Company (USA)

                This blog was originally published on August 17, 2017 on the Ncontracts blog.

                The other day my friend’s basement flooded.

                It was a rainy night, the kind where television programs are interrupted by an emergency alert warning of a flash flood, but he wasn’t worried. He was in for the night. His roof was solid. His gutters were clean. He’d lived in his house over a decade and had never had a problem so why would things be any different this time?...

                READ MORE: Download the attached PDF