FFIEC and interagency guidance relating to cybersecurity awareness will be the focus of your upcoming IT examinations. The guidance is in response to the growing threat vector for cybercrime. We have evolved from worms, viruses, spyware and botnets to more targeted cyber espionage involving advanced persistent threats, dynamic Trojans and stealth botnets. Attacks have become blended, involving combinations of physical, technical and social engineering techniques. Many industry experts believe there are even more sophisticated scams to come. Know what your bank should be doing to mitigate cyber threats and meet regulatory expectations.

Mark Scholl, Principal - Wipfli LLP

Recorded June 14, 2021

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