Craig Sanders
Partner
4 Key Risks Facing Banks
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About the authors
Written by
Craig Sanders
Partner
Craig Sanders is a partner at Moss Adams LLP. He has provided audit and IT security services since 1999. He works with clients in the financial services industry to implement core business systems, internet banking and cash management platforms, business continuity and disaster recovery planning and programs, GLBA compliance and telecommunications and security systems.
Cybersecurity continues to be the top risk identified in Bank Director’s 2022 Risk Survey, sponsored by Moss Adams. But other risk areas have also grown increasingly prominent for the bank executives and board members responding to the survey, particularly interest rate risk. In this video, Moss Adams Partner Craig Sanders shares areas where banks can strengthen their weaknesses on cybersecurity. He also addresses the impact of fintechs on bank strategies and the rising prominence of environmental, social and governance (ESG) matters.
Topics addressed include:
- Cyber Preparedness
- Proactive Vendor Risk Management
- Strategic Risks to Consider
- Rising Interest Rates
- Focusing on ESG
The 2022 Risk Survey explores several important risk areas, including credit risk, cybersecurity and emerging issues such as ESG. The survey results are also explored in the 2nd quarter 2022 issue of Bank Director magazine.
WRITTEN BY
Craig Sanders
Partner
Craig Sanders is a partner at Moss Adams LLP. He has provided audit and IT security services since 1999. He works with clients in the financial services industry to implement core business systems, internet banking and cash management platforms, business continuity and disaster recovery planning and programs, GLBA compliance and telecommunications and security systems.