Articles and Speeches
“Protecting Financial Institutions Against Cyber Breaches,” ABA Bank Compliance
December 23, 2015
David F. Katz
In an article published as the cover story for the January/February issue of ABA Bank Compliance, David F. Katz discusses the best ways for financial institutions to establish a proactive defense against cyberattacks. The article details the Federal Financial Institutions Examination Council (FFIEC) guidance and tools for financial institutions to conduct cyber risk assessments, and lays out the key elements for an appropriate response to a cyber breach. Katz emphasizes organization, communication and leadership as effective ways to respond to a cyberattack and lead financial organizations out of harm’s way.
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