On July 31, 2013, BITS held a forum to explore the ubiquitous use and growing number of social media networks and how they are creating new opportunities but also come with risk management challenges for financial institutions. The forum discussed the current risk environment, regulatory landscape and compliance issues, strategic and reputational issues, and what the future may hold. Attendees engaged multiple stakeholders to identify the major issues and mitigation strategies, and determine which issues can be successfully addressed at an industry level.
Social Media Agenda
On February 24, 2013, BITS convened a forum focused on enhancing our trust of email through collaborative action. Key stakeholders discussed strategies for deploying email authentication policies and standards, and worked to broaden industry adoption of technologies that will better protect financial services consumers. The forum was a component of BITS' Email Security initiative, which includes a comprehensive document covering business and process considerations to leverage several email protocols and tools, serving as a guide for financial institutions to detect and reduce the number of spoofed email messages, including updated email sender authentication protocols since the paper's original publication in 2009.
Email Authentication Agenda