Content area
It's easy to think of cybersecurity as the domain of the information technology department or information security officer. They know the buzz words. They have the technical expertise. But they don't have the ultimate responsibility. While IT departments and officers have a large role to play, US Treasury Secretary Jack Lew -- and a slew of regulators -- is making it clear that responsibility for a bank's cybersecurity rests with senior management and the board. Passively managing information security isn't an option for today's community bank executives. To help community bank CEOs and directors better understand their role in cybersecurity, the Conference of State Bank Supervisors is launching an initiative to help state examiners talk about cybersecurity in a nontechnical way that resonates, says Mary Beth Quist, SVP, bank supervision for the Conference of State Bank Examiners in Washington, DC.