Industry trends for technology have created a constantly changing landscape for community banks. In recent years, cyber security, core processing, and vendor management have all become hot topics among our members, especially as regulators have ramped up their oversight for IT.
Bank technology managers who participate in ICBM’s Technology Network come together to collaborate and to discuss specific technology challenges and solutions and to learn best practices from one another.
The Technology Network is open exclusively to the employees of ICBM bank members. It is an opportunity for member banks’ technology professionals to share ideas and best practices.
Presentation: Privacy and Cybersecurity Considerations for Minnesota’s Community Banks
Presented by Phil Schenkenberg and Bryce Jasper, Taft Stettinius & Hollister LLP.
Overview: The presentation will cover a number of important and timely topics of interest to technology professionals supporting Minnesota’s community banks. Our speakers will provide an overview of privacy and security obligations imposed on community banks at the federal and state level, and will discuss how state laws are evolving in this area and what the future holds. They will discuss legal issues in some the key risk areas facing businesses, such as ransomware and wire transfer fraud. They will discuss vendor contract considerations, and suggest ways of lowering enterprise risk with good contracting practices. They will also discuss trends in the cyber insurance industry, and will leave time to answer questions.
Presenters: Phil Schenkenberg is a partner at Taft, and concentrates his cybersecurity practice on contract obligations, data governance, transactional due diligence, and breach response. Phil is the Minneapolis contact for Taft’s Privacy and Data Security group, and a Certified Privacy Professional/ United States (CIPP/US). His is member of InfraGard (Minnesota chapter), serves on the Cyber Security Summit's board of advisors, and is a legal resource for the Minneapolis Chapter of the CISO Executive Network. Phil counsels clients who face challenges associated with privacy considerations and cybersecurity risks. He negotiates IT and technology contracts, and advises on privacy and security issues raised in the contracting process. He advises on all phases of privacy and data security, from pre-incident response planning, cybersecurity best practices, post-incident investigations and analysis, and data breach strategies and defense.
Bryce Jasper is an associate at Taft, and focuses part of his practice on privacy and data security. Specifically, he advises clients in the areas of privacy compliance, data governance, and guidance in the aftermath of an information security event, including data breach. Bryce previously served as in-house counsel for a Fintech organization and brings experience in the development and implementation of privacy and data security programs to ensure compliance with regulations and litigation trends. For his clients, he also provides assistance with regulatory analysis, risk management, policy development, training, and audit response.
Pricing: Complimentary for Bank Members only