A recent Forbes article suggested data breaches globally will cost over 2 trillion in 2019, which is four times the cost seen in 2015.
The latest Verizon Data Beach Investigation Report suggests that 30% of people will open on a phishing email. When analyzing these two statistics, it isn’t hard to anticipate how the cybercriminals will strike. Advanced Persistent Threats and Organized Crime groups continue to land successfully ACH and Wire frauds in community banks and against their corporate customers. In most cases, cybercriminals hook their victims with a phishing attack, as Verizon reports that 91% breaches involve phishing.
This discussion will review strong risk management processes and identify critical elements for building layered information security controls into your security program.
- Latest Phishing Examples
- Phishing Process
- Asset-based Risk Assessment approach
- Layered Security Controls
- Network Security Auditing
- Social Engineering Assessments
- Ongoing Phishing Testing
Information Security Officer, IT Manager, Risk Officer, Internal Auditor, and Executives looking to understand phishing scams and cybercrime trends.
Chad Knutson is a Senior Information Security Consultant and serves as President of the SBS CyberSecurity out of Madison, SD. SBS is a leader in information security consulting for the financial industry in the US. SBS works with more than 900 banks around the country on information security services such as the development of Information Security Programs, Policies, and Risk Assessments, along with performing IT Audits, Penetration Tests, Vulnerability Assessment and other security services. Chad is a Certified Information Systems Security Professional (CISSP), Certified Information Systems Auditor (CISA) and Certified in Risk and Information Security Controls (CRISC), and received his Bachelor of Science in Computer Information Systems and his Master of Science in Information Assurance with an emphasis in Banking and Finance Security from Dakota State University. Chad has been with SBS since 2004 and has consulted with many financial institutions during this time.
Institute of Certified Bankers: Visit http://www.icbmembers.org/login.aspx for instructions regarding self-reporting. Estimated credits: 2.5 CE Credits
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