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5 reasons your financial institution should attend the ThinkBIG 2024 conference

Abrigo

Get your ticket now for ThinkBIG, an industry-leading learning and networking event. Consistently rated a top industry event by attendees, ThinkBIG brought together 650 people from banks, credit unions, and partners in 2023. Don't miss news about the ThinkBIG conference and other Abrigo events.

CECL 78
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Banking Computer-Security Incident Notification Requirements Take Effect

Abrigo

Takeaway 2 The change includes an obligation to inform regulators of a “notification incident” ASAP and no later than 36 hours after a reportable event occurs. The war in Ukraine has financial institutions on high alert for cybersecurity threats. Stay up to date with cybersecurity issues.

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Cyber Complications for Vendor Risk Management

Abrigo

Cybersecurity | 4 minute read Key Takeaways Third-party/vendor risk management is becoming increasingly challenging with more cloud-based providers. This is especially challenging with cloud-based providers where cybersecurity concerns are even greater. Portfolio Risk & CECL. Portfolio Risk & CECL. Credit Risk.

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Hosted vs. On-Premise Solutions for Financial Institutions

Abrigo

Ensure the vendor is willing to assume a reasonable amount of liability and provide the appropriate notification and incident management procedures in the event of a data breach. Portfolio Risk & CECL. CECL Methodologies. Financial Cybersecurity. Fraud Prevention. Learn More. Fraud Prevention. Learn More.

CECL 60
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Cyber Complications for Vendor Risk Management

Abrigo

This is especially challenging with cloud-based providers where cybersecurity concerns are even greater. This movement to the cloud requires a robust vendor due diligence process and rigorous ongoing third party management that includes a focus on cybersecurity controls. Understand the vendor’s financial stability.

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Getting Your Financial Institution in Shape for Loan Workouts Amid the Coronavirus Pandemic

Abrigo

Many loans will deteriorate due to the ripple effect following the pandemic, or due to other economic events, such as shocks to the energy sector. Financial Cybersecurity. Understanding what terms are market-available or not will be paramount to developing an effective loan workout strategy. Artificial Intelligence. BSA Software.

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Staying Connected in a Remote Financial Services Workforce

Abrigo

As a result, now is a good time to revisit work-from-home strategies – not only for regulatory and cybersecurity concerns, but also for staying connected and maintaining collaboration. Given that some states are slowing reopening, employers may begin or may already be rethinking plans to start bringing staff back into the office.