Cybersecurity Threats to Banks and Financial Institutions: What to Know and What to Do

From massive ransomware attacks to insider trading, cyberattacks pose an increasingly costly threat to the financial sector in the U.S. and abroad. In this program, Joseph V. Moreno, partner at Cadwalader, Wickersham & Taft LLP, Joshua J. Larocca, managing director at Stroz Friedberg, and Dr. Shane D. Shook, affiliate expert witness at Bates Group, will discuss the current state of play in cybersecurity trends and issues. They will examine the evolving nature of attacks and victims, what financial institutions can do to mitigate their cybersecurity risk and how they can effectively respond to a cyberattack, and the legal obligations and potential areas of liability for firms that fail to adopt adequate cybersecurity compliance programs and controls.

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