Pub. 5 2016 Issue 2

March 2016 17 l e a d i n g a d v o c a t e f o r t h e b a n k i n g i n d u s t r y i n k a n s a s Adam Lackey, Bank of Tescott, Lindsborg, stopped to chat with Jeremy Peterson and John Adams, at the CSI tradeshow booth. The tradeshow floor was buzzing about the new Bankers Dashboard. Pictured left to right are; Amanda Sitzman and Julie Noakes, both from Deluxe Corporation, and Danny Mason, First National Bank of Pratt. Jay McLaughlin discussed the evolution of security that will stand up to the scale of cyber attackers. David Peterson energized the room with his pioneer vision on customer engagement. Leslie Smith, Farmers State Bank, Holton, kicked off day two of the conference for the last time as committee chair. Leslie has served as the Chair of the Technology Committee for three years. Lee Wetherington shed a little light on his predictions for 2016 in regard to shadow banking and alternative lenders. Joe Rottinghaus, Conway Bank, N.A. stopped to learn more from Hannah Day with Garland Heart. partner with these non-traditional lenders for loans that banks can’t give and leverage the relationship to keep bank customers happy by assisting in access to money. Banks can mimic technological innovations of alternative lenders to simplify and speed up the funding process. Jay McLaughlin provided the closing session titled “Hit, Stand or Fold: The Time is Now.” Security threats and cyber- attacks have never been more pervasive and it has grown into an international threat. Jay covered the newest trends and responses banks need to have to protect themselves in this new landscape. He spoke to the importance of interactive participation in security by staff at all levels. If you see someone you don’t know in a nonpublic space, employees need to feel comfortable asking them who they are and what they need. He reminded the group that it was a third party HVAC vendor who perpetrated the Target breach. Risk assessments are critical and must be current. As attackers modify their approach to outmaneuver new controls, adjustments must be made. There are multiple layers of protection from human management and training to software and physical barriers. He recommended monitoring and assessment tools in the cyber security monitoring program. Event driven security around higher risk events appears to be more efficient than a one size fits all approach. Mclaughlin spoke to the concern that examiners may review a financial institutions assessment and pressure them toward a particular program rather than assessing their ability to manage their risk. This fortification isn’t perfect but security programs have to start working with an offensive approach to stay ahead of crime. The conference included multiple concurrent sessions that included: FFIEC’s IT Risk Assessment Tool by Mark Scholl, Wipfi; Disaster Recovery from the Technology Perspective, by Rob Schuetz, CalTech; Taking a Swipe at the Newest Mobile Banking Features, by Ashley Miller, CSI; Outsourcing Your Information Technology: Risks and Rewards, by Mark Scholl, Wipfi; Innovative Question: What, How and Why Not, by Lee Wetherington; Bring Meaningful Innovation to Market Faster, by Mark Crager, Visa; Vendor Management: How to Identify and Assess Information Risk, by Nik Prosser, Garland Heart; Information Technology, Strategic Planning, Bank Budgets, Oh My, by Nik Prosser, Garland Heart; IT Audit: Pitfalls and Success Stories, by KJ Barley, Aporia Solutions; Social Engineering – Lessons from a Security Perspective, by Jeff Hudgens, Integrity Technology Systems. The 2017 Bank Technology Conference & Showcase will be held in Topeka on February 15-16, 2017