JUNE 4, 2018
Onward to Orlando - Part V
By Mark Loehrke, Editor, Financial Managers Society
here! The 2018 FMS
Forum is less than a week away, which means hundreds of finance and
accounting professionals will be descending on Orlando in a few days to hear
from some of the best and brightest thought leaders in the industry on our packed education
For the past
several weeks, we’ve been checking in with some of those
to get sneak peeks of their sessions, and today we wrap up our previews with a
topic that actually figures into several of this year’s breakouts – cybersecurity
– with Mark Scholl of Wipfli LLP,
who will be discussing Cybersecurity
Threats, Trends and Strategies on Tuesday afternoon.
FMS: What will you be covering in this
Scholl: Cybersecurity is not an ‘IT
problem’ – it’s a business problem. In other words, executive management and
the board of directors are responsible for having a basic understanding of the
cyber threats that their financial institution is up against.
will be a ‘non-techie’ approach to describe the cyber threats with the most
likelihood of impacting financial institutions and their customers. I’ll
be discussing fundamental safeguards and incident-response readiness strategies
to help mitigate these threats, and will provide resources for staying abreast
on the latest threats.
FMS: Why is cybersecurity such an important
topic for banks and credit unions right now?
Scholl: The financial services industry
continues to be a top target for cyber attacks. While cyber criminals are using
more modern tools to scam their victims these days, email and the web continue
to be significant threats. There are many technical controls to mitigate
the risks, but in many cases it comes down to what your employees and customers
decide to click on.
FMS: What do you hope audience members will
Scholl: Better threat
intelligence. You can’t have a cybersecurity program unless you know what
you’re up against. I want people to make sure their institutions are
utilizing resources for threat intelligence and information sharing – such as the
Financial Services Information Sharing and Analysis Center (FS-ISAC) and the US-CERT
website of the Department of Homeland Security – so we’ll be going over some of
those as well.
There’s still time (but not much) to reserve
your spot for this session and all of the other great educational and
networking opportunities in Orlando – register