Background screening of prospective employees is an effective risk management tool that can reduce employee turnover, deter theft and embezzlement and prevent litigation over hiring practices, especially in the financial industry where employees work with sensitive material on a daily…

In a financial institution, employee theft is always a concern and that risk is amplified by the current state of the economy. Normally honest employees may resort to theft if they are facing tremendous financial burdens at home. Employees may…

The Gramm-Leach-Bliley Act (GLB), also known as the Financial Modernization Act of 1999, was enacted to control the ways that financial institutions deal with their customers’ nonpublic personal information (NPI). Under the GLB Act, financial institutions are required to: Ensure…