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Tuesday, March 10, 2015

3:30 p.m. - 4:00 p.m.
Track: Digital/Mobile View Track

BANK CYBER SECURITY AND REGULATORY IMPERATIVES

Amy McHugh, JD, CISA, Network+, Security+, Senior Associate, IT Consulting, CLIFTONLARSONALLEN
Mercedes K. Tunstall, Partner, PILLSBURY WINTHROP SHAW PITTMAN
Mahi Dontamsetti, Global Head of IT Risk and Deputy CISO, DEPOSITORY TRUST & CLEARING CORPORATION (DTCC)

Cyber security threats are top of mind for most banks these days, but so are the regulatory imperatives that are coming in reaction to the latest breaches. 

The FFIEC recently concluded its pilot examination of 500 banks to assess their cyber-risks and issued some recommendations, with more on the way. New York State’s department of financial services also announced plans to conduct targeted cyber security audits on the banks it regulates. And, most recently, Federal Deposit Insurance Corp. head Martin Gruenberg said that a regulatory working group is developing a framework for bank cyber security exams.

  • Early findings of the FFIEC’s cyber audits
  • The early recommendations from the FFIEC with regard to bank cyber security
  • State-level requirements for cyber audits

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