Why rob a bank when a criminal can steal far more while sitting in front of a computer? Beyond just money, the sensitive personal information of both employees and customers is attractive to the cyber thief. Additionally, remote work technologies like Zoom and webinars have provided cybercriminals with new ways to disrupt business and steal what is yours. Every year millions become victims because they did not know how to protect themselves from cybercrime. By using examples of actual FBI cases, John reveals the ways you are vulnerable to a cyberattack, the threats inherent with remote technologies, and how you can protect yourself.

This hour will provide an overview of the new FFIEC Cyber Incident Reporting Regulation and early feedback on how well the rule is working. Paul will discuss the related notification rule being implemented by the Department of Homeland Security that requires cyber incident notification for all sectors, including banks. He’ll review the Cyber Incident Reporting Council that is overseeing implementation of the rule and how the two reporting requirements may (or may not be) harmonized. Additionally, he’ll talk about some proposed potential regulations focused on expanding a bank’s responsibilities under Regulation E that would require banks not only to cover unauthorized transactions but also “fraudulently induced” transactions. He’ll also discuss the activities the ABA has underway to push back on this expansion, some data they’ve gathered around the prevalence of peer-to-peer payment app fraud, and some of the tools they are rolling out to help banks fight fraud such as the BanksNeverAskThat campaign and development of a new fraud information sharing tool that leverages the Safe Harbor granted under FinCEN 314b certification.

Active Shooter Awareness and Preparedness

1:45 p.m.

In the words of bank robber William Sutton when asked why he robs banks, “Because that is where the money is.” Banks have always been an attractive target for criminals and will continue to be for the foreseeable future. John shares the way banks are commonly robbed, steps you can take to prevent and deter robberies, and how to best assist the responding law enforcement. Key Takeaways in this session will be to identify the various methods of bank robbery; learn to recognize warning signs of someone who is planning a robbery, and to know the steps to take immediately after a robbery to assist law enforcement.

This informative hour will cover examples of scams that U.S. Postal Inspectors encounter daily. Also discussed will be mail fraud and how banking institutions can recognize fraudulent checks. Lastly, the process of how fraudsters wash checks will be explored.

Bring your questions, concerns, and ideas to this session and be prepared to share with your peers from around the state during this roundtable conversation led by two local bank security professionals. We’ll discuss security topics from A – Z including cyber, fraud, and physical.