Social Media Risk Assessment for Banks | Ncontracts
N Contracts
AUGUST 21, 2023
Social Media Risk Assessments for Banks and Credit Unions When IndyMac and Washington Mutual failed in 2008, it took weeks of negative reporting before customers pulled their deposits. By comparison, SVB’s customers withdrew $42 billion within 24 hours following a flurry of social media posts about the bank’s inability to meet its obligations to depositors.
Let's personalize your content