On Tuesday, October 28, 2014 the ICBA and CoNetrix partnered to present an educational session, Social Media & Banking: Maintaining Cybersecurity while Expanding Your Online Presence. There were over 280 attendees and lots of great questions.
In this session, Russ Horn and Stephanie Chaumont discussed how social media can fit into a bank's strategic plan, what risks are associated with using social media, and what users can do to ensure that they stay current, while also being compliant. The session looked at how banks are currently using social media, reviewed the FFIEC guidance on Social Media, and examined what a risk management program should entail.
CoNetrix has a software solution that specifically addresses the challenges of using Social Media in a highly regulated industry. Check out the tandem Social Media Management module to see how you can easily maintain your risk management program and keep an official approval process for social media posting.