All Posts Tagged: Bank

FFIEC – Database auditing

I have to admit that I was very pleasantly surprised by the clarity of the information provided by the FFIEC and its availability. For those that don’t know what the FFIEC is, it is The Federal Financial Institutions Examination Council (FFIEC). The FFIEC was established by Congress in 1979 to prescribe uniform principles, standards, and […]

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Bank Fraud

I just read a blog entry by Shirley Inscoe author of Insidious. It’s a blog entry from January of 2010 titles “What I’ve Learned Since Writing Insidious”. I have never personally known anyone that committed fraud and was therefore surprised by heart felt empathy for those who suffer the consequences of their criminal actions. I […]

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Insider Threat

On June 26, the FBI arrested Gary Foster, a former accountant in Citigroup that allegedly embezzled more than $19.2 million. We don’t want to think that employees embezzle, but it happens. What caught my eye was not that an accountant might have embezzled, but the fact that it took a year before anyone noticed millions […]

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