Vendor Due Diligence - Securing Your Members Information
ARCHIVE OPTION AVAILABLE
Can't attend at this time? Click here for the archived version.
June 17, 2008
2:00–3:30 p.m. Central Time
(3:00–4:30 p.m. EDT, 1:00–2:30 p.m. MDT, 12:00–1:30 p.m. PDT — Confirm the relative time in your area by visiting www.time.gov)
Tuition: $219 for the live webinar (includes live and 6 months access to the archive)
ABOUT THIS WEBINAR
The NCUA will be paying close attention to credit unions' vendor due diligence programs. Are you ready? Every credit union entrusts its most sensitive member information to third party vendors. Outsourcing is an increasingly common way for credit unions to offer more products and services. But how do you choose the right vendor to ensure that the work is done to your standards? The credit union must make sure that adequate due diligence is taking place. Learn how to keep track of all the necessary details while making sure there is adequate transparency and ongoing communication.
This webinar examines the regulatory requirements for vendor due diligence and the details of creating an effective vendor management program.
Through this webinar you will:
- Gain an overview of Part 748 Security Guidelines
- Explore the NCUA Guidance on Vendor Due Diligence
- Identify the components of a vendor due diligence program
- Learn how to perform a Vendor Risk Assessment
- Explore Financials to SAS 70's - Nuts and bolts of vendor screening and selection
- Learn about insurance issues
- Learn about the creation of internal controls
- Explore a contract review - Understanding who does what
WHO SHOULD ATTEND
This webinar is beneficial for security officers, auditors, management, or any staff at your credit union that is directly involved with working with outside vendors.
Affiliation with CUNA/League is required for attendance.
INSTRUCTORS
David A. Reed
David A. Reed, founder of CU Doctor, is an author, consultant, and nationally recognized speaker. He has nearly two decades of collections and bankruptcy experience representing both debtors and creditors. He is a former bankruptcy attorney, vice president, and general counsel for a large credit union.
WEBINAR OVERVIEW
CUNA Webinars enable staff to pick up new skills and keep up with daily responsibilities. Just like in face-to-face classes, students see and hear a presentation, ask questions of the instructor, and refer to handouts. You need only a speakerphone and computer with Internet connection. And if you have a computer projection screen, it's easy to provide this training to a whole roomful of staff!
Use our webinars as part of a full day of training. Gain knowledge and ideas at the webinar, then spend some time discussing how the new information applies to your credit union.
CUNA Webinars use WebEx to provide an interactive and convenient online learning environment. Whether you are a first time WebEx user, or simply need a refresher, take a short tour of WebEx to help you get the most from CUNA Webinars. You'll learn how to effectively interact with the presenter and your peers during live webinars.
CANCELLATIONS
The last day for cancellations was June 9, 2008. Substitutions are accepted anytime prior to the start of the program at no additional cost. Simply fax event and contact information, listing the new participant and who they will be replacing. Cancellation fees do not apply for free or complimentary programs.
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