Hot Topics in Dealing with Banking Cyber Security
Overview:In a two hour live webcast, a panel of thought leaders and practitioners assembled by The Knowledge Group will discuss the significant and latest issues with respect to Hot Topics in Dealing with Banking Cyber Security.
Key topics include:
- Digital Crime
- Threat Overload
- Case Studies
- Heightened Regulatory Oversight
- Threat Detection
- Cyber-Attack Triage
- Recent regulatory issues and updates
- Digital Crime: Recent attacks suggest that fraud and financial crime have converged – requiring a different approach to cyber defense.
- Threat Overload: Cyber operations teams are overwhelmed with information and need to develop strategies for consuming and prioritizing threat intelligence in a way that is actionable and practical.
- Case Studies: Cyber attacks have many common characteristics and techniques, however based on our understanding of what criminals are after, they can mean different things to different institutions.
United States Department of Homeland Security
- Threat information sharing must focus on the sharing of data that is “actionable” and meaningful to the recipient.
- Actionable threat information is a function of the recipient’s maturity and risk management processes.
- Recipients of threat information are not uniform and threat information sharing must contemplate a segmentation of recipients.
- Mapped against a segmented base of recipients, actionable threat information can be of several types.
- Actionable and relevant threat information can result in the actions of “awareness”, “basic mitigation”, “detection/prevention”, and “predictive”.
- Threat information sharing relationships and tools have to contemplate and implement standardized structured threat data profiles to get the right information to the right recipients.
- Briefly describe/outline examples of the latter in our contemporary threat data sharing landscape.
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Heightened Regulatory Oversight: Bank regulators have expressed concern about operational risks posed by increasingly sophisticated cyber threats.
Threat Detection: Best practices include maintaining a written information security policy; security education and training; risk management, including security audits, incident monitoring, and reporting.
Cyber-Attack Triage: Follow the steps in the security policy; consider timing and substance of notifications to board of directors, law enforcement, and the public; and implement damage mitigation as feasible.
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- Trends in Privacy & Security Class Actions
- Additional Litigation Statistics
Who Should Attend:
- Chief Security Officers
- Risk and Compliance Managers
- IT Security Officers
- Technology Attorneys
- Security Operations
- Compliance, Risk and IT Officers
- Risk Officers and Administrators
- Privacy and Data Security Lawyers and Consultants
- IT Heads
- And Other Interested/Related Professionals
Paul has worked with a wide range of public sector, global financial and commercial institutions to manage the fraud, compliance and security risks that have evolved rapidly over the last 10 years. He specializes in practical, innovative approaches to building and using technology to solve the real challenges faced by these organizations who are dealing with systematic attacks on their customers, data assets, and infrastructure. Paul specializes in digital crime and financial crime threats and is a frequent media and analyst commentator on digital criminality, security, technology and risk management. He advises financial institutions and government agencies around the world.
Paul has worked with a wide range of public sector, global financial and commercial institutions to manage the fraud, compliance …
Carlos P. Kizzee is the Deputy Director of the Department of Homeland Security’s Stakeholder Engagement and Cyber Infrastructure Resilience Division within the U.S. Department of Homeland Security’s Office of Cyber Security and Communications. Mr. Kizzee has extensive experience in advising and conducting operational coordination, information sharing, and collaboration among government and private sector. In his position as Deputy Director, he oversees four branches of public-private cyber engagement encompassing Cyber Education and Outreach Awareness, Federal and State Government Engagement, Industry Cyber Engagement, and Critical Infrastructure Stakeholder Risk Assessments and Mitigations.
Mr. Kizzee also serves as the Program Manager of a Joint Program Office implementing key operational information sharing and information sharing support program activities associated with Public-Private Threat Information Sharing, Enhanced Cyber Security Services for Critical Infrastructure, and Implementing Trusted and Secure Automation among public-private cyber data sharing. A graduate of the United States Naval Academy, Mr. Kizzee has a Bachelor of Science degree in Mathematics, a Juris Doctor degree from the Georgetown University Law Center, and a Master of Laws from the Judge Advocate General’s School of the Army at the University of Virginia’s School of Law. In addition to being a retired Marine Corps Judge Advocate, Mr. Kizzee is a career Federal civil servant with over ten years of Federal service.
Carlos P. Kizzee is the Deputy Director of the Department of Homeland Security’s Stakeholder Engagement and Cyber Infrastructure Resilience Division …
Kenneth Johnston, a shareholder of Kane Russell Coleman & Logan PC, focuses his practice on class-action and general commercial litigation with an emphasis on financial services, insolvency and creditor rights. He routinely represents financial institutions in a variety of matters including data breach issues, general bank operations, insolvency, material defensive litigation, and credit risk management. Kenneth was recently named as one of the Best Lawyers in Dallas in Banking and Finance by D Magazine and has been ranked as one of the top banking attorneys in Texas by Super Lawyers magazine since 2006.
Kenneth Johnston, a shareholder of Kane Russell Coleman & Logan PC, focuses his practice on class-action and general commercial litigation …
Maria Z. Vathis has a broad range of experience defending corporate clients in complex business litigation matters, insurance coverage, and class actions involving alleged violations of federal statutes, including the Telephone Consumer Protection Act. Ms. Vathis has represented financial institutions, loan servicers, investment firms, law firms, brokers, attorneys and other professionals. She handles matters nationwide in federal and state courts. Her practice also includes monitoring litigation for international insurers, advising on risk management, evaluating existing insurance coverage, drafting insurance policy language and analyzing insurance coverage under professional liability, cyber and first-party property insurance policies.
Maria Z. Vathis has a broad range of experience defending corporate clients in complex business litigation matters, insurance coverage, and …
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United States Department of Homeland Security
About BAE Systems
BAE Systems Applied Intelligence delivers solutions, which help clients to protect and enhance their critical assets in the intelligence age. Its intelligent protection solutions combine large-scale data exploitation, ‘intelligence-grade’ security and complex services and solutions integration. The company operates in four key domains of expertise: cyber security, financial crime, communications intelligence and digital transformation.
Leading enterprises and government departments use the solutions to protect and enhance physical infrastructure, mission-critical systems, valuable intellectual property, corporate information, reputation and customer relationships, competitive advantage and financial success.
For more information, please visit www.baesystems.com/ai.
About United States Department of Homeland Security
About Kane Russell Coleman & Logan PC
Kane Russell Coleman & Logan PC is a full service law firm with offices in Dallas and Houston. Formed in 1992 with five lawyers, today KRCL has more than 80 attorneys. The firm provides professional services for clients ranging from Fortune 500 companies to medium-sized public and private companies to entrepreneurs. KRCL handles transactional, litigation and bankruptcy matters throughout the U.S. and China.
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