the risk management blog

True or false: 95% of all security breaches are due to sophisticated cybercriminals that we could not defend ourselves against. Believe it or not, the answer is false. In fact, we are victims of breaches due to human error…

Authors: Joe Labrozzi and Michael Gaul Imagine waking up to news reporting the credit card data of 37 million people has been hacked. And then learning that among the hacked are employees of your company who used their corporate…

Firms must comply with the Bank Secrecy Act and its implementing regulations (“AML rules”). – Financial Industry Regulatory Authority The Bank Secrecy Act (BSA) and all the related laws that have been passed since the BSA began in 1970, aim…

“The fight against money laundering and terrorist financing is a pillar of U.S. national security and a strong financial system.” – Adam J. Suzbin, Department of the Treasury Money launderers will go to great lengths to use the normal…

Do you or does your company engage in transactions with foreign companies or individuals? Do you have business or financial relationships with any kind of foreign entity that exists within a country or region that is on a Federal…