The Federal Financial Institutions Examination Council (FFIEC) issued a statement to notify financial institutions of a type of large dollar value automatic teller machine (ATM) cash-out fraud characterized as Unlimited Operations by the U.S. Secret Service. FFIEC is aware of a recent increase in cyber-attacks launched in connection with this fraud, to gain access to, and alter the settings on, ATM web-based control panels used by small- to medium-size financial institutions. Unlimited Operations may cause financial institutions to incur large dollar losses. With this increased fraud, FFIEC expects financial institutions to take steps to address this threat by reviewing the adequacy of their controls over their information technology networks, card issuer authorization systems, systems that manage ATM parameters, and fraud detection and response processes.
This session will focus on the guidance and provide best business practices to mitigate this type of risk.
Who Should Attend?
$249 for Webinar and Playback*
Dates of Event
Thursday, February 1, 2018
Terri Sands AAP
Founder, Secura Risk Management