Your risk assessment process is the foundation for many essential organizational activities, such as budgeting, disaster planning, policy creation, vendor selection and more. When developing or refreshing your risk assessments, you can do the bare minimum to (hopefully) squeak through an exam or you can ensure the institution truly benefits from the process. This webinar examines the ways to make sure your risk assessment activities have real, bottom-line value.

Scout’s GLBA Risk Assessment module makes it easy to document your information security risk assessment and comply with the Gramm Leach Bliley Act (GLBA).

The presentation outlines how to better view and manage risk by holding company, institution, branch, and department; receive automated audit review schedules and reminders; generate graphical, color-coded reports that demonstrate your GLBA risk assessment and mitigation activities; and give examiners direct access to Scout to decisively demonstrate your level of GLBA compliance.

Since the information provided in the webinar is targeted to Scout users, we have put a privacy setting on the video. If you would like to watch August 2012′s webinar “GLBA Risk Assessments,” please e-mail us at info@supernal.com and inform us that you want to view the webinar – we will then provide you with the password to unlock the video.

Your information security program and the resulting risk assessment process is the foundation for many activities that follow, such as the general controls review and the multitude of other risk assessments. When developing or refreshing your information security strategy, there are many considerations to weigh in order to ensure the institution truly benefits from the process. How you implement this is crucial for the success of the risk assessment process.

Join us for our 45-minute webinar presentation and learn how 5 key steps can ensure a more meaningful risk assessment for your financial institution – Wednesday, August 29th at 2:00pm (CDT).

Click here to register.

By nature, humans have an innate tendency to expect the best out of a situation – a psychological phenomenon known as optimism bias. Optimism bias is defined as a bias that causes a person to believe that they are less at risk of experiencing a negative event compared to others. In the risk management world, this occurrence can affect people who analyze and report risk, which leads to inaccurate results within their risk assessments.

The presentation outlines the factors that lead to optimism bias, gives real-world examples of how optimism bias affects financial institution employees, and explains why it is important to understand the relationship between psychological human tendencies and risk assessments.

To view the “Optimism Bias and Risk Management” webinar, click on the video below.

In this month’s webinar, we review the audit modules in Scout. Scout’s Control Audit is fast, easy, intuitive, and highly automated, taking the time and worry out of your next examination. The presentation outlines how you can use Scout to generate control audit schedules based on your risk assessment and FFIEC guidelines, change risk ratings, track audit activity, and know when and where to perform preventive reviews and system checks.

Since the information provided in the webinar is targeted to Scout users, we have put a privacy setting on the video. If you would like to watch July 2012′s webinar “Audit Modules,” please e-mail us at info@supernal.com and inform us that you want to view the webinar – we will then provide you with the password to unlock the video.

Financial institutions deal with vendors on a daily basis. Examiners want you to keep track of the potential risks each vendor can have on your institution, but the current process most financial institutions use to examine these risks is inefficient and time consuming.

Our Vendor Management webinar outlines what examiners are asking about for Vendor Management, provides an explanation of the current process, and how your institution can save time and money while having a more effective Vendor Management program. This session is based on daily interaction with financial institutions and examiners throughout the US. Best in class financial institutions are using this training to better prepare for their upcoming exams right now.

Since the information provided in the webinar is targeted to Scout users, we have put a privacy setting on the video. If you would like to watch May 2012′s webinar “Vendor Management,” please e-mail us at info@supernal.com and inform us that you want to view the webinar – we will then provide you with the password to unlock the video.

ERM is now one of the fastest growing areas in risk management and compliance. Tom Ezdon, CISA and ERM expert, presents some background and history behind ERM and then shows how you can start building ERM into your banks operations to start truly reducing risk. He also reviews the ERM module in Scout, examines how you should use it, and how it may evolve in the future.

To view the “Executing ERM” webinar, click on the video below.