Risk & Compliance Roundup: Enforcement Actions, Ransomware Risk, AI Auditing
- May 9, 2025
- Quantivate
Welcome to your weekly roundup of risk and compliance management resources, brought to you by Ncontracts.
This edition covers topics including:
- What you can learn from recent enforcement actions
- Policy communication strategies
- Ransomware risk management
- AI auditing frameworks
New from the Nsight Blog
Enforcement Actions Roundup: April 2025
Stay ahead of regulatory risks and enforcement trends with our latest Enforcement Actions Roundup! The April edition covers actions issued by the FDIC and FRB, including a consent order related to credit card interchange fees and several flood insurance violations.
Read the full breakdown for insights on what went wrong and which controls your institution should evaluate to avoid similar pitfalls.
Related Reading | How to Leverage Enforcement Actions to Strengthen Your Compliance Program →
How to Effectively Communicate Policies at Your Financial Institution
Transform your financial institution’s policies from outdated documents into powerful tools that enhance accountability and risk management. Discover how to effectively communicate policies through leadership commitment, proper training programs, feedback mechanisms, and other best practices that build a culture of compliance.
Ransomware Risk Management: How to Defend Your FI Against Cyber Attacks
Ransomware attacks are surging, with Q1 2025 hitting record numbers and average payments exceeding $500,000. Learn how to protect your institution with proactive strategies like staff training, system monitoring, and updated software configurations. Plus, discover our seven-step response framework for when an attack happens (whether internally or through a vendor) so you can contain the threat, maintain business continuity, and learn from the incident.
What Is AI Auditing and Why Does It Matter?
AI is reshaping how we do business — but who’s making sure it’s used responsibly? Internal auditors are stepping up to evaluate the risks, ethics, and controls behind the tech. In this article, we break down what an AI auditing framework looks like, why it matters, and how you can build one that works.