Risk and Compliance In Finance | Terri Sands - a podcast by LogicGate

Top 3 Takeaways

• It's tough to keep up without good technology


• The transparency between parties is tough with financial institutions


• A single point of failure can also be a single point of fraud

Show Highlights:

[02:50] Challenges that the smaller financial institutions have in their risk management programs

[07:13] The significant irony in financial institutions

[09:01] What Terri brings to the table

[10:50] Creating a culture of risk-awareness

[12:24] Reactive planning versus strategy planning

[14:25] The shift Terri has seen

[15:32] The unfortunate indicator

[16:45] Terri's opinion on banks reducing their operational costs

[19:43] One of the areas of challenge of heavily-regulated organizations

[21:37] What works and what doesn't for acquired financial institutions

[25:03] More tips for acquiring financial institutions

[26:49] Guilty by association

[27:59] Rounding up with the most shocking fraud story

Resources:

Secura Risk Management Website

Connect with Terri on LinkedIn

Connect with Terri on Twitter

Ozark Show

Further episodes of GRC & Me

Further podcasts by LogicGate

Website of LogicGate