Cyber-attacks and breaches dominate the media and are a significant focus of Regulators. Community banks are faced with the grim reality that a cyber-attack is inevitable; they are under siege by sophisticated attacks that often are financially driven.
Community banks need a plan of action that extends far beyond a Disaster Recovery or Business Continuity Plan. They also need a Cyber Incident Response Plan; a tested, documented set of special procedures for continuing business when criminals don't want you to while balancing customer service. Cyber Incident Response Plans today have to consider a myriad of possible cyber-attacks and breach methods to ensure staff are prepared to mitigate unique threats, continue processing payments, and secure customer information.
This session analyzes critical components of a community bank's Cyber Incident Response Plan and provides recommendations on how to prepare all staff for when the inevitable situation occurs. From internal considerations to your external solution providers, get a realistic view of how a cyber-attack can quickly spiral a typical day into complete chaos and financial loss without proper planning.
This session is appropriate for all institution staff; we all play a critical role in protecting the bank and account holders.
In this webinar, attendees will:
- Learn about the unique challenges a cyber-attack has on a community bank.
- Recognize areas where there is a need to balance security with customer service.
- Identify the individuals who contribute to a strong Incident Response Team.
- Isolate the critical components of Cyber Incident Response Plans, from Risk Assignment to assigning proper controls to risk.
- Outline a communications strategy.
- Understand the importance of War Games.
- Categorize available resources for Plan development. Take-away:
- Attendees will receive a Cyber Incident Response Plan Checklist to take back to the Incident Response Team to ensure all areas have been addressed.
Prerequisites: A basic understanding of cyber-crimes commonly committed against community banks. This session will not cover threats.
WHO SHOULD ATTEND:
Risk Management, Vendor Management, Operations, Audit / Compliance, Information Security, Bank Management
Cyber Incident Response Plans for Community Banks, Presented by Rayleen Pirnie
Questions and Answers