Join Baker Tilly’s cybersecurity specialist, Russell Sommers, at the annual NJBankers Operations & Technology Roundtable as he presents Developments in Financial Services Cybersecurity Regulation.
Developments in Financial Services Cybersecurity Regulation
11:10 a.m. – 1:10 p.m.
This session will provide a snapshot of the current state of cybersecurity including newsworthy events, then transition into the cybersecurity regulatory landscape within the financial services industry. This section will primarily cover the requirements of the NY DFS Cybersecurity Law, as well as the NAIC’s Insurance Data Security Model Act, but only in so much that if the adoption of the Act by State Departments of Banking, Insurance and/or Financial Services were to extend to financial institutions as well as insurance companies, similar to New York. The session will conclude with a review of tried and true security measures starting with the foundational concepts of aligning with a cybersecurity framework through effective ongoing maintenance, such as security awareness training, periodic vulnerability assessments, user access and permission reviews.
The cybersecurity summit is designed for multi-level bankers. We look forward to connecting with you there!