The growing threat of cybercrime and data breaches has created an ever-increasing concern about security. Given recent data breaches in consumers’ private data (Target, Neiman Marcus, et al.), the panel’s description of threats and how to mitigate them was very salient. On a panel of private sector and government representatives, the Data Security and Cybercrime … Continue reading »
Category Archives: In the Field
FATCA three R’s for Non-US Institutions by Sean Huber
The Foreign Account Tax Compliance Act is going to affect Foreign Financial Institutions (FFIs) to an extraordinary degree. This panel on FATCA and the three R’s for non-US Financial Institutions (FI) aimed at showing the far reach FATCA will have and how FFIs can comply with “Register, Review, and Report”. The panel began with a … Continue reading »
Convergence: The 2014 Buzzword for Financial Crime Fighters by Chris Puder
Convergence is the act of moving toward union or uniformity. This concept was at the root of the 2014 ACFCS Conference this past week in New York City where nearly 500 specialists and experts “converged” on the Marriott Marquis Hotel to learn and confer on the many tools that financial crime fighters have at their … Continue reading »
ACFCS Conference Presentation: “OSINT” and You
The only non-panel session of the 2014 ACFCS conference, this presentation by private investigator Sandra Stibbards of Camelot Investigations definitely stood out as one of the highlights of the week. Focusing solely on internet-based Open Source Intelligence (OSINT), Ms. Stibbards provided a flurry of web-based tools, tricks, and tips for financial crime professionals to use … Continue reading »
MSB’s and the US Government’s Growing Expectations by Anna J. Rasmussen
The U.S. Financial Crimes Enforcement Network (FinCEN) includes in the broad category of money services businesses (MSB’s) currency dealers/exchangers (and now digital currency exchangers), check cashers, issuers or redeemers of traveler’s checks and money orders, prepaid cards, money transmitters, and the U.S. Postal Service. With the increased utilization of MSB’s by many people in the … Continue reading »
