2021 Strategic Planning Conference

Cyber The Outlook and Risks

• Cyber threats are accelerating and becoming more sophisticated. • Cybersecurity risks are a priority. • Staying ahead of the cyber criminal and state actors is a challenge. • Recruiting, training, and retaining IT professionals is a constant problem. • Information sharing between state and federal regulators should be improved.

Cyber - What have we done so far?

State Response

CSBS Activities • Educate • Convene • Collaborate • Develop Standards • Advocate

• Routine exams • Nonbank supervision a public priority • Active training • Third ‐ party service providers

• Statutory Changes • Coordinating efforts • Industry Outreach