Protecting Data and Digital Assets from Expanding Cyber Threats
Cyber crime is escalating rapidly, with significant risks to individual firms, financial intermediaries, and an increasingly interdependent financial infrastructure. The annual cost to private corporations is estimated at $110 billion. Financial regulators are finally addressing deficiencies in order to better understand the threat to liquidity and solvency of major financial institutions as well as system-wide contagions. The suite of cyber disruptive tools available has vastly increased alongside our economic dependence on cyberspace; costs for developing and employing disruptive tools are low, both financially and politically.
Protecting confidential and critical information abroad requires a comprehensive cyber-preparedness strategy that mitigates cyber risks such as hacking, IP theft, fraud, and power failure. Can political and regulatory action, like the NIST cybersecurity framework, close the growing divide between technology and governance? Even if political action provides a framework for normative cooperation, what corporate actions remain long overdue? How can the private sector understand and manage risks in the age of JPMorganChase, OPM, Sony, and Estonia?
Phillipa Girling, SVP, Chief Risk Officer at Investors Bank
Phillipa Girling is Senior Vice President, Chief Risk Officer at Investors Bank. She was previously Business Risk Officer - SVP at Capital One Commercial Bank. She has over 20 years of experience in the global financial services industry. She is a recognized risk management leader in the industry and was named one of the decade’s “Top Fifty Faces of Operational Risk.” In addition to authoring two Operational Risk textbooks, she is an active public speaker on topics of Operational and Regulatory Risk Management. Holding New York Bar and Financial Risk Manager (FRM) qualifications, she was also recognized in 2014 by Working Mother Magazine as one of the top 100 Working Mothers in America
Will Glass, Threat Intel Analyst at FireEye
Will Glass is a leading member of FireEye’s threat intelligence team where he uses analytic, technical, and linguistic expertise to provide FireEye’s clients with a strategic context to threat actor activity occurring in cyberspace. He also leverages FireEye’s unique datasets to help predict future targets for malicious cyber activity and advises clients how to best defend themselves from future attack. Before joining FireEye, Will spent over six years working on cyber security and intelligence issues in the U.S. Defense Department, private industry, and non-profit communities. Originally from Houston, Texas, he has traveled to nearly 30 countries, while taking up residence in London, Singapore, and Beijing. He earned a B.A. from Tufts University and is proficient in Mandarin Chinese.
Michael Rohrs, Senior Consultant at Control Risks
Michael Rohrs is a Senior Consultant for Control Risks’ information security practice in the Americas. He has extensive experience in intelligence and information security, specializing in strategic intelligence, cyber threat intelligence, and information security program development. Michael focuses on developing tailored cyber security solutions for Control Risks’ clients as part of a comprehensive security and risk strategy. Prior to joining Control Risks, Michael was a Senior Consultant at a leading cyber security company. He ran cyber threat intelligence and program development engagements for major clients in the US and Canada. Before that, Michael was an intelligence analyst contracted to several agencies in the US intelligence community, where he focused on foreign, state, and non-state computer network operations. Michael holds a Bachelor of Arts degree in Political Science and English from St. Mary’s College of Maryland.
Murray Walton, Chief Risk Officer of Fiserv, Inc
Murray Walton is Chief Risk Officer of Fiserv, Inc., a provider of technology solutions to the financial services industry. He is responsible for enterprise risk management, security and quality management programs for a global enterprise that services more than 145 million deposit accounts, 75 million online banking users, 24 million online bill payment users, and 21 million debit accounts that collectively move more than one trillion dollars via 25 billion digital payments transactions each year. Walton joined Fiserv in 2006 as counsel to the CEO, and was named Chief Risk Officer in mid-2007. He has subsequently guided the transformation of Fiserv risk and quality management from a decentralized model to enterprise-directed standards, programs and infrastructure. He has also led the integrations of two large Fiserv acquisitions, CheckFree Corporation in 2007, and CashEdge, Inc. in 2011. Prior to Fiserv, Walton was associated with H&R Block Tax Services from 2000 until 2006. There he founded the corporate function that manages risks associated with the delivery of tax preparation and related financial services, including privacy, fraud, IRS, state and municipal compliance regulations. He served as the company’s first Chief Compliance Officer. Trained as a lawyer and economist, Walton has pursued a career that navigates the intersection of regulation, technology and financial services. Prior to his roles at Fiserv and H&R Block, he served for nearly two decades as an executive of both investor-owned and family-owned banks, and as a leader in two technology companies that dominated their respective industries. These experiences have given him a unique understanding, historical as well as contemporary, of the forces that shape the financial services industry today.
Moderator: Corey E. Thompson, SVP, Global Information Technology, CB&I
Corey E. Thompson is the CIO for CB&I. He was named to this position in February 2013. Corey joined CB&I in 2008. Previously, Corey was Vice President of Global Procurement and Subcontracts. He was instrumental in developing CB&I’s procurement and subcontracts functions into a market leading organization. He was selected to lead the procurement and subcontracts transition team for the company’s acquisition of the Shaw Group. Prior to this, he served as Global Director of Procurement and was Procurement Manager of the USA & Central/South American Region. Prior to joining CB&I, Corey retired from the US Navy after 22 years of service in the Submarine Force. During his career, Corey served aboard the USS Michigan, USS Newport News, and USS Maryland. His final assignment was the Submarine Warfare Resource Sponsor and Manager of the Submarine Tomahawk Cruise Missile Program and the MK-48 ADCAP Torpedo Program in the Pentagon. He has a bachelor’s degree in mathematics and physics from the University of Idaho and a master’s in financial management from the Naval Postgraduate School in Monterey, California.