Friday, July 10, 2020
2:00 – 3:00 pm (Eastern Time)
1:00 – 2:00 pm (Central Time)
12:00 – 1:00 pm (Mountain Time)
11:00 – 12:00 pm (Pacific Time)
ATM jackpotting is the exploitation of physical and software vulnerabilities in automated banking machines that results in the machines dispensing up to the amount of cash in the ATM. Given the physical access to the ATM machine, jackpotting enables the theft of the machine’s cash reserves. This session will focus on the FFIEC Guidance for this type of crime and how financial institutions are expected to comply with the guidance, identification and prevention controls financial institutions should implement to mitigate the risks of this crime, and best business practices for performing ongoing monitoring.
- Overview of jackpotting schemes
- FBI warnings of jackpotting schemes
- Best business practices for mitigating the risks associated with ATM jackpotting
Who Should Attend?
- Electronic Banking Staff and Management
- BSA Officers and support teams
- Fraud managers and support teams
- Deposit Operations
- Information Security Officer
- Risk Managers
- Compliance Managers
- Internal Audit
- Senior Management
- Payment Professionals
- This BSA webinar will include a FAQ Frequently Asked Questions document.
Throughout her career, Terri has served as a leader in the payments and fraud prevention industry, providing education, risk management and compliance consulting and support services geared toward the specific needs of financial organizations. Terri is an Advanced Certified Anti-Money Laundering Specialist, an At-Risk Adult Crime Specialist and an Accredited ACH Professional. Prior to founding Secura, Terri served as co-founder of Payments Information Circle (PIC), a service organization providing payments industry education, auditing, consulting, resources, and support services to financial organizations throughout the country. Prior to her work at PIC, Terri also served as the President of GACHA, a non-profit, regional payments association where she provided strategic direction for financial institutions in the payments industry. Terri began her career in payments as a Senior Analyst with the Federal Reserve Bank of Atlanta where she provided training throughout the Sixth District and served on the Federal Reserve ACH Conversion Team that consolidated ACH Services for all branch locations in the Sixth District.
1.0 CPE Credits & 1.2 AAP Credits