Deputy Seminar, Chicago, IL

Risks To Economies and Banks:

• Adversaries may attack a dozen smaller banks rather than attempt breaching a mega-bank.

• Potential media coverage of a dozen community banks could have devastating impact on community banking.

• A loss of confidence in community banks could result in large shift to mega-banks.

23

Risks To Banking Departments

• Failures due to IT risks will occur. • SWIFT thefts should be a wakeup call. • Don’t wait for another bank failure to act

• Are you prepared to explain to a state congressional panel or governor’s office your evaluation of cyber threats after a major breach / MSB failure? • Are you prepared to explain your efforts to protect local economies and consumer PII?

24