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Risk Management

Ransomeware on the Rise in the U.S.

June 13 — Data from Radware’s 2018 Executive Application & Network Security Report shows that incidents of ransomware attacks have grown significantly in the last two years, particularly in the Americas.

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Why a Competitor’s Security Breach Could be Good for Your Institution

June 12 — Roughly 128 million Americans are more concerned about identity security than they were a year ago. And yet, the gap between “concern” and “action” remains wide. So, why aren’t consumers taking more responsibility for their own cybersecurity, and what could motivate them to change these behaviors?

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The Best Option

Help your clients become better marketers and risk managers.

By Mark Gold

For the last 20 years I have worked closely with the American Bankers Association to help bankers better understand the proper use of commodity options in managing farm risk. Over those 20 years, the companies I have been a part of have continued to support the ag lenders conference through our sponsorship. In addition, I have been asked to present marketing seminars at hundreds of rural banks to help educate their clients to become better marketers. This article will help review what Top Third considers to be critical factors that bankers need to consider when working with farm clients.

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Risk Management

Establish a corporate culture to maintain compliance and engage employees.

By Terry Ammons

Recent cybersecurity incidents at sizeable organizations have bank executives re-evaluating their security measures and internal safeguards. Regulators are also increasing pressure on banks to better protect consumer data and maintain comprehensive compliance programs.

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Asset Liability Management — Alternative Rate Scenarios

Respect the shocks but manage to the more likely!

By Dennis Zimmerman

This asset/liability management theme is one that our ALM team has been challenging community bank asset/liability committees to embrace over the last several years.

While regulatory expectations mandate that bank management understand the financial impact to earnings and capital in extreme rate scenarios traditionally defined as shocks, it needs to remember that these instantaneous and significant shifts in rates have a very low probability of happening. Using the typical +/-400bps shock scenario as an example, when was the last time all points on the yield curve instantaneously increased 4 percent? Never. Because it makes sense to establish policy limits to help protect earnings from extreme changes in rates, management should respect the shock outcomes. After all, limits are designed to aid management in 1) identifying IRR exposures, 2) initiating discussions regarding risk and 3) taking action to mitigate extreme risk, when necessary.

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