Content area

Abstract

The next great crisis for the banking industry may well be cybersecurity in the view of Mark Quandahl, director of the Nebraska Department of Banking and Finance. Quandahl delivered his comments at the annual conference of the Nebraska Independent Community Bankers last month in Lincoln. The program, "Executive Leadership on Cybersecurity" was put together with support from the Conference of State Bank Supervisors. Philip Hinkle, director of IT security examinations for the Texas Department of Banking, spent much of his presentation on corporate account takeovers and the Federal Financial Institutions Examination Council's Cybersecurity (FFIEC) Assessment Tool. Kelly Lammers, deputy director of the Nebraska Department of Banking and Finance, called the FFIEC's guide "a great tool." In his presentation, he highlighted a description of the risk management process from the Conference of State Bank Supervisors. Enhanced management oversight practices should be implemented, Lammers advised.

Details

1007133
Title
The Growing Specter of Cyber Attacks
Publication title
Bank News; Minneapolis
Volume
115
Issue
12
Pages
26-27
Number of pages
2
Publication year
2015
Publication date
Dec 2015
Section
central regional news: nicb conference
Publisher
NFR Communications Inc
Place of publication
Minneapolis
Country of publication
United States
ISSN
00055123
Source type
Trade Journal
Language of publication
English
Document type
Feature
Document feature
Photographs
ProQuest document ID
1751243837
Document URL
https://www.proquest.com/trade-journals/growing-specter-cyber-attacks/docview/1751243837/se-2?accountid=208611
Copyright
Copyright Bank News, Inc. Dec 2015
Last updated
2024-11-25
Database
ProQuest One Academic