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How Banks are Adjusting to Cyber Risk and Remote Exams

Join us this week with ABA's Paul Benda, SVP of Risk and Cybersecurity Policy. Learn how the remote work environment has influenced exams, data breach issues & phishing attempts, and the downstream risks of 3rd and 4th party vendors.

Hey, guess what? I just had the most fascinating conversation on our podcast! You won't believe the stuff he dished out about cybersecurity and risk management. We kicked off this episode during National Cybersecurity Month by bringing in Paul Benda, the Senior VP for Risk and Cybersecurity at the American Bankers Association.

We dug into the nitty-gritty of how banks have dealt with remote work because of the pandemic. Seriously, the shift has been something else. But you know what's crazy? They've been nailing remote exams! I'm talking virtual examinations that give them flexibility and better prep – who would've thought?

But hold up, there's more! We tackled the whole phishing game. Apparently, there's been a massive surge during this crisis. I was mind-blown when they talked about banks partnering with over 1600 banks for this campaign to educate customers on safe practices. Trust me, it's wild!

And vendor management? You wouldn't believe the hoopla around that. We're talking third-party vendors, fourth-party – the whole shebang. There's even talk about third-party certification! Yeah, banks might just have a way out of the yearly vendor check-ups.

Ramble alert – it's not just banks, it's us too. How have we all responded to the pandemic? And are we doing enough to beef up our BCPs? There's a lot of behind-the-scenes stuff that'll make you go, "Whoa, I never thought of that!"

Alright, brace yourself – is remote work here to stay? And how are we gonna turn all these temporary controls into something more long-term? The convo got real on this, trust me.

But the bombshell is the wrap-up. They've got Paul talking about how banks are navigating this whole "pandemic aftermath." Seriously, the way he breaks it down – it's like a mix of a thriller and a how-to guide.

So, are you in for an earful of banking insights, pandemic stories, and cybersecurity scoop? You know where to find us – on the podcast! This one's a rollercoaster of info you don't wanna miss.

In this episode, you will learn

  1. Introducing Paul Viancourt, SVP of Enterprise Risk and Compliance Management Solutions for the American Bankers Association.
    (0:00)
    Introducing Paul Viancourt, SVP of Enterprise Risk and Compliance Management Solutions for the American Bankers Association.
  2. How do banks react to remote exams?
    (1:38)
    How do banks react to remote exams?
  3. How has the exam process changed?
    (4:26)
    How has the exam process changed?
  4. Increasing data breaches.
    (7:04)
    Increasing data breaches.
  5. Cybersecurity advice for the consumer.
    (9:02)
    Cybersecurity advice for the consumer.
  6. Are controls temporary or permanent?
    (11:21)
    Are controls temporary or permanent?
  7. VPN’s and vendors.
    (13:38)
    VPN’s and vendors.
  8. Banking response to pandemic.
    (16:52)
    Banking response to pandemic.
  9. What’s been the response to the pandemic?
    (20:03)
    What’s been the response to the pandemic?
Rafael-DeLeon-Headshot
Host
Rafael DeLeon
SVP of Industry Engagement
Screen Shot 2023-09-05 at 2.05.18 PM
Guest
Paul Viancourt
SVP of Risk and Cybersecurity Policy

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