News & Events

As Fraud Increases, So Should Banker Vigilance

In the Winter 2024 edition of BHCA’s “Bank Owner Magazine,” Mullen Coughlin Partner Carolyn Purwin Ryan was featured in the article “As Fraud Increases, So Should Banker Vigilance.”

Published after Carolyn’s 2024 BHCA Fall Seminar presentation with Kris St. Martin of CBIZ – “How Did Fraud Rise to the Top of Bank Risk for 2024?” – the article contains key takeaways from the presentation including Carolyn’s advice to bank and other financial services organizational leaders regarding business email compromise (BEC) incidents, specifically wire fraud; contract review with vendors; incident notification; internal policies, procedures and training; and procurement and review of cyber insurance policies.

Read the article here on pg. 14.

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