Haven’t seen enough recent headlines and reports warning against the threat viruses, cyber attacks and ne’er do well-ers pose on bank systems and networks lately? OK, then here’s one more. The Office of the Comptroller of the Currency has joined the list of state and federal agencies taking a proactive approach concerning cyber threats and vulnerabilities by hosting a webcast educating bankers on the subject.
More than 1,000 community bankers listened in to the OCC’s seminar yesterday, aptly titled “The Evolving Cyber Landscape: Awareness, Preparedness and Strategy for Community Banks.” The session focused on the importance of managing risks posed by cyber threats and vulnerabilities, management’s role in proactively setting the tone for their institution and the concept of preparedness as a bank-wide responsibility. All of which can help a bank react when (not if) an incident occurs.
“The OCC is committed to doing everything we can to increase awareness of the institutions we regulate and to provide appropriate guidance and supervision to enable them to protect themselves against the growing cyber threat,” Comptroller of the Currency Thomas J. Curry said in a release. “Through our supervisory activities and outreach efforts such as this webinar, we’re working to ensure banks and thrifts are in the best position to identify operational risk, bolster their risk management systems, and ensure a safe banking system for their customers.”
We’ve recently seen a lot of activity around the subject of cyber security and incident response in the world of banking. Whether it’s a widespread DDoS attack of a hacker army, the return of the ZeuS Trojan or the FFIEC’s recent move to improve the coordination and communication on cyber threats among state and federal agencies, the more bankers understand, the better. Safe Systems is getting in on the conversation as well, with a free webcast on incident response on June 27. Find more details here.