Emerging Technologies and Risk in Credit Unions: Mobile banking and server virtualization

Thursday, February 11, 2010
2 - 3 p.m. EST

Register for this Web seminar

Event Overview
Mobile banking is one of the latest service delivery methods to reach customers. While viewed as a way to provide customer convenience and increase an institution’s customer service capabilities, mobile banking introduces a number of challenges from security and privacy perspectives. The virtualization of servers in the back office continues to be a choice in banking to further reduce costs and increase IT efficiencies; but like other emerging technologies security risks must also be considered.

This presentation will discuss at a high level the security challenges of both of these emerging technologies and what credit unions need to do to mitigate those challenges and ensure member security and privacy.

Topics
Technology in today’s business environment changes so quickly that it can change before the risks are fully known. This presentation will be an introduction to the concepts and risks involved with these emerging technologies. Key points include:

• Understanding emerging technologies
• Mobile banking and risks
• Security considerations when implementing virtual servers
• Education for others in your organization

Presenters
Loras Even is a managing director with the Technology Risk Management Services group of RSM McGladrey. He brings more than 28 years of experience in information technology, which includes 11 years of focusing on security. Loras specializes in network security assessments for regulated clients. Loras has directed the security assessment practice for a variety of industries, including financial institutions, health services, manufacturing and government.

Jeff Hall is a director with the Technology Risk Management Services group. Jeff has over 30 years of experience in information security, information security strategic planning, software evaluation, selection and implementation, voice and data networking and data center operations. Jeff is a regular speaker for a number of professional organizations on topics such as security, information security auditing, PCI Data Security Standard and computer viruses.