FFIEC Guidance on Cloud Computing: Considerations for Credit Unions

Date: May 21, 2013
Time: 2:00 PM- 3:30 PM CST
About:
From a technology and cost standpoint, cloud computing can be a very attractive option for credit unions.  Unfortunately, assessing the risks and security of a cloud-based solution can be difficult and time consuming.  However, this should not deter exploring these options, because the cloud-provider systems could be preferable to an in-house solution.  This session will explore the security concerns credit unions need to consider when evaluating cloud solutions and how to assess them.

     HIGHLIGHTS
     > Due diligence:  ensuring providers meet cost, quality, compliance, and regulatory requirements
     > Vendor management:  creating controls to mitigate risks
     > Audit:  assessing whether a third-party servicer’s internal controls are sufficient
     > Information security:  updating policies to fit the cloud-computing model
     > Legal, regulatory, and reputational considerations:  identifying and mitigating risks
     > Business-continuity planning:  determining whether a third-party servicer has resources to ensure continuity of operations

Note: Attendance verification for CE credits provided upon request.

Registration Options:
Live Webinar- $200
The LIVE WEBINAR option allows you to have one telephone connection for the audio portion and one Internet connection (from a single computer terminal) to view online visuals as the presentation is delivered.  You may have as many people as you like listen from your office speaker phone.  Registrants receive a toll-free number and pass code that will allow entrance to the seminar. The session will be approximately 90 minutes, including question and answer sessions.  Seminar materials, including instructions, pin number, and handouts will be emailed to you prior to the broadcast.  You will need the most current version of Adobe Reader available free at www.adobe.com.

On Demand Web Link & CD- $200
Can’t attend the live webinar?  The ON-DEMAND WEB LINK is a recording of the live event including audio, visuals, and handouts.  We even provide the presenter’s email address so you may ask follow-up questions.  Approximately 1 week prior to the webinar, you will receive an email with the web link.  This web link can be viewed anytime 24/7, beginning 6 business days AFTER the webinar and will expire 6 months after the live program date.  But there's more . . . AS AN ADDED BONUS, you will also receive a FREE audio/visual CD ROM.*  The CD ROM includes the original audio/visual presentation, the question and answer sessions, and the handouts.  Use the on-demand link or this “off-the-shelf” training program for those that could not attend the live seminar and for future training.

Live Webinar & On-Demand Web Link (INCLUDES FREE CD-ROM)- $250
Includes options 1 and 2 above

Special Registration Option for member credit unions under $20 million-$169
On-demand link only (does not include CD or live webinar)

*To register for this webinar, click here.

For more information, please contact Carrie Buchholz at:
(P) 405.702.8622 ext. 215
(E) carrie@cuaok.org