Description
Do you understand your institution’s full responsibility with regard to data security? Do you understand the nature of the data security risk?
Background
It is impossible to look at the news and not see a story about a recent data breach and its impact on consumers. Are you certain you understand how a data security event could impact your entire institution?
The bottom line remains that we need to keep all our data safe and secure. Not everyone at your institution needs to be an IT expert, but everyone, from the newest teller all the way to the Chairman of the Board, needs to understand the basics of cyber security and how to integrate an effective data security program. We all understand data security is a clear risk to the operations of our financial institutions. But, recent litigation trends make it clear that the Board of Directors also has a clear responsibility to ensure the data security of the information entrusted with their institutions.
Agenda
The session will cover:
• Data Security Requirements
• Data Breach Trends
• Potential Board Liability
• Data Security Best Practices
• Examination Guidance Review
Benefits
Following this session, you’ll have a high level understanding of the changing world of cyber security and be able to:
• Appreciate new litigation trends that could impact your Board of Directors
• Preview examination guidance and new regulatory requirements
• Understand current data security best practices
• Bring back a holistic view of data security to your institution
Who Should Attend
This session is designed for:
• Executives
• Managers
• Compliance Officer
• IT staff
• Auditors
• Board and Committee Members
• Anyone involved with data security