FFIEC and Social Media Risk Management for the CFO Roundtable

PKMFirestorm

FFIEC and Social Media Risk Management for the CFO Roundtable

In this recorded webinar for Porter Keadle Moore, Firestorm President Jim Satterfield addresses the evolution of regulatory agency guidance, rules and regulations with regard to social media use – the Firestorm 7 Point Solution for Social Media Risk.

As social media use has grown, we have seen regulators such as FINRA, promulgate regulation to protect investors; the SEC issue notices which provide guidance for using social media in the context of regulated business transactions.  The Federal Financial Institutions Examination Council (FFIEC) released proposed guidance on the applicability of consumer protection and compliance laws, regulations, and policies to activities conducted via social media by banks, savings associations, and credit unions, as well as nonbank entities supervised by the Consumer Financial Protection Bureau and state regulators.

Also notable, is the ever increasing body of case law emanating from social media risk with significant consequences, including associated judgments, fines and penalties.

View the Session:

Recorded Wednesday, December 18, 2013
Topic: Social Media & Risk Management with Jim Satterfield for the PKM CFO Roundtable

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James (Jim) W. Satterfield is the President/COO of Firestorm. Jim is a nationally recognized expert in the field of preparedness and crisis management and has spoken to hundreds of groups on risk management, crisis management, governance, and disaster planning.  Jim led the Firestorm team that provided the crisis and media management support at Virginia Tech in response to the shootings, and is currently leading a national focus on the failure of disaster plans.

FIRESTORM® transforms crisis into value.  The FIRESTORM PREDICT.PLAN.PERFORM.® methodology combines C-Suite level consulting, dynamic software solutions, and proven crisis management expertise to empower clients to create resilient organizations. FIRESTORM is a nationally recognized leader in Crisis Management, Continuity Planning, Critical Decision Support, Crisis Response, Crisis Communications, Crisis Public Relations, and Consequence Management.

About PKM: Based in Atlanta, Georgia, Porter Keadle Moore is a nationally recognized, mid-sized accounting and advisory firm with a fresh approach. PKM provides holistic and growth-driven financial solutions built around understanding their clients’ business challenges, not just their accounting issues. PKM develops deep relationships with their clients over years, so that working together is a positive, accretive experience for both parties.

Learn more about PKM’s CFO Roundtable – http://www.pkm.com/events/cfo-roundtable/

To learn more about Firestorm’s Social Media Risk solutions, Contact Us Here



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