Apart from offering a general understanding of cybersecurity and its impact on compliance programs, this training program will also examine cybersecurity channel threats and a financial institution’s response to such threats.
Financial institution leaders know that cybersecurity is an issue but identifying what it means to them, how it impacts their organization and how to respond are a challenge. In this session, cybersecurity and its less realized impacts are highlighted as well as what responses stakeholders expect, and, how planning can be carried out for all aspects of this significant threat.
Why Should You Attend:
Cybersecurity is a well-known risk issue but less obvious is its indirect impact on risk and compliance programs. Examining regulator expectations, including current focus items, can be a first step in ensuring that unseen impacts of this high-risk issue can be identified and anticipated. With an understanding of real and potential threats, cybersecurity impacts can be analyzed and adapted into an existing risk program. Impacts must be measured within your environment; as in all risk, mitigation is as unique as each organization and its needs.Financial institution leaders know that cybersecurity is an issue but identifying what it means to them, how it impacts their organization and how to respond are a challenge. In this session, cybersecurity and its less realized impacts are highlighted as well as what responses stakeholders expect, and, how planning can be carried out for all aspects of this significant threat.
Learning Objectives:
- Gain a general understanding of cybersecurity topics
- Review malware typologies
- Examine cybersecurity channel threats
- Financial institution response
- Examiner expectations
- Meeting stakeholder expectations: board of directors, shareholders, examiners and personnel
Areas Covered in the Webinar:
- Risk management landscape
- A 2015 compliance needs overview
- Types of risks
- Defining information/data
- Typologies: virus/worm, Trojan Horse, spyware links to cybersecurity threats
- Channels: electronic, product, external, and other
- Responses to threat planning and information sharing (e.g., FS-ISAC)
- Governance topics
- Third party relationships
- Incident response
- Current threats detail
- Costs
- Cybersecurity expectations (FFIEC), assessments and controls
- Stakeholder expectations and action steps
Who Will Benefit:
- Executive Management
- Risk Officers
- Technology/Security Officers
- Compliance and Audit
- Payments Personnel
- Customer Service/Facing Personnel
- Operations Personnel
- Technology Leaders
- Line of Business Owners
- Strategic Planners across the Organization
- Risk Personnel
- Product Leaders
Course Provider
Tony Kaus,
