ASAP Agenda for July 8, 2009 (8:30 a.m. til 11 a.m.)

 

8:30 a.m. - Networking
9:00 a.m. - Welcome and ASAP Business

9:20 a.m. – Michele Edson, Senior Vice President, Santa Fe Group

Topic – Managing Outsourcing Risks through Shared Assessments

Professional Practices for Business Continuity Planners – Subject Area 2 – Risk Evaluation and Control

Synopsis–
In these unprecedented economic times, each of us must do more to mitigate risks. Acquisitions, consolidations, closures, cost reductions and RIF’s heighten the information security risks associated with our internal environments and extending to each area of our supply chains. The Shared Assessments Program is designed by the industry to coordinate, streamline and capture an organization’s information security controls and risks, including business continuity and disaster recovery, across the enterprise and throughout third party vendors. Ongoing viability is of concern and with the general economic downturn; service providers have not been immune to economic failures and could pose a systemic risk to the industry. This session will provide insight into best practices for vendor management leveraging the Shared Assessments Program standards to dramatically gain a more cost effective and efficient controls assessment process.

Speaker– Michele Edson, Senior Vice President, Santa Fe Group (Bio below)

10:00 a.m. –Break
10:10 a.m. – Continue “Managing Outsourcing Risks through Shared Assessments”
10:55 a.m. - Closing Remarks
THANK YOU Mike Hale for the snacks.

Next Meeting August 12, 2009
Location – DTS
Speaker/Topic – Belinda Wilson, BC Trends
Snack sign up for August – Robert Webster

Bio:
Michele Edson is a risk professional with more than 28 years of banking and risk/fraud experience. She joined The Santa Fe Group as a Senior Vice President, leading the Financial Institution Shared Assessments Program.

Michele works closely with the financial services industry, technology providers and regulators to ensure the Shared Assessments Program fulfills its goal of creating efficiencies and cost savings in the service provider assessment process. Michele is also responsible for program governance, working group activities, marketing, and the overall strategy for the program.

Prior to joining The Santa Fe Group, Michele was a Senior Business Executive with Carreker Corporation. As part of the Risk Solutions Group, Michele managed client relationships and risk sales for tier 1 and 2 financial institutions.

Prior to Carreker, Michele was a Vice President and corporate officer with Primary Payments Systems, Inc. (PPS). Michele’s responsibilities at PPS included managing the Customer Relations and Risk Management teams. While at PPS, Michele worked with the BITS membership and existing PPS contributors to build and advance the National Shared Accounts Database.

Michele’s career history includes branch operations with Wells Fargo, Northern California S&L, Great Western (now Washington Mutual), and Household Credit Services (now HSBC), where she managed various key areas within Fraud Prevention and Information Security.