SARs and Cybercrime: What’s Expected and How to Execute

  • When: October 17, 2018
  • Time: 12PM – 2PM ET
  • Level: All

Cyber criminals continue to become more sophisticated and the cost of cyber-attacks is soaring. Experts are projecting damage costs to hit $6 trillion annually by 2021, making it the most lucrative form of theft in history. AML professionals are on the front lines of fighting cybercrime, and crucial to this effort are suspicious activity reports, or SARs. Panelists will cover best practices for fulfilling financial institutions’ responsibility to report cyber incidents, analyzing developments such as FinCEN’s cyber SAR requirements and the state of New York’s rules for cyber security and cybercrime reporting.

Learning Objectives

  • Reviewing cyber elements from the updated FinCEN SAR filing format and parsing FinCEN’s guidance on cyber-related SARs
  • Understanding new information collection and documentation tools and information sharing systems to incorporate cyber SAR requirements into existing filing systems
  • Detailing the NYDFS cybersecurity and cyberattack reporting requirements to ensure full compliance with applicable standards

Who Should Attend

  • Compliance Managers
  • Legal Advisors
  • FIU/FCC Personnel

Region/Sector

  • Global
  • North America
  • Bank
  • MSB
  • Securities

Pricing

ACAMS Members Non-Members
$195 $295
Register Now Join ACAMS

Moderator

John Bandler
  • John Bandler, CAMS

  • Founder
  • Bandler Law Firm PLLC & Bandler Group LLC

Bio

John Bandler runs legal and consulting practices focused on helping corporations and individuals with cybersecurity and the prevention and investigation of cybercrime, money laundering, and other criminal activity. Prior to joining the private sector John served in government for twenty years as a prosecutor, police officer, and military officer. John was an Assistant District Attorney at the New York County District Attorney’s Office where he investigated and prosecuted global trafficking of stolen data and digital currency money laundering, among other offenses. Before that, he served as a State Trooper in the New York State Police for eight years, attended law school at night, and served as a commissioned officer in the Army Reserve. John writes, speaks, and teaches about cybercrime, cybersecurity, anti-money laundering, and law, and is the author of the book “Cybersecurity for the Home and Office” and a forthcoming book on Cybercrime Investigations. He holds many certifications including CAMS, and helped develop ACAMS certificate courses on cyber-enabled crime and virtual currency.

Speakers

  • Jason Frantz, CAMS

  • Director, FIU
  • Discover Bank

Amy Wotapka
  • Amy Wotapka, CAMS

  • BSA Officer
  • First America Bank