Resources

Wolf & Company: Financial Services Leadership Series Annual Summit – Day 1

Date

November 5, 2021, 1:00 pm - 3:00 pm

Presenters

Session 1: CIO Panel

Peter Morales, Senior Vice President, Innovation & Technology
Country Bank

Dan Decosta, Chief Information Officer
BayCoast Bank

Dan Serafin, Senior Vice President – Chief Information Officer
Savers Bank

Ryan Rodrigue, Principal
Wolf & Company, P.C.

Session 2: Cybersecurityย 

Sean D. Goodwin, IT Assurance Manager
Wolf & Company, P.C.

 

Description

Session 1: CIO Panel – Initiating Efficient IT: A CIOโ€™s Perspective

Information technology (IT) integration is one of the mostย pertinent topics impacting financial institutions today. Our summit willย hostย a Chiefย Informationย Officer (CIO)ย panel examining the challenges, benefits, and opportunities surroundingย ITย advancementsย and digital transformationย in this sector.ย During this session, youโ€™llย hear directly from experts about the innovative changes theyโ€™ve made to theirย technology environment,ย andย how theย ability toย incorporateย new IT systemsย relates to overall strategic planning.ย Panelists will also discuss effectiveย techniquesย toย streamline processes and reduce redundancy, andย ways to access all of your data and put it to effective use.

Youโ€™ll learn:

  • Actionable strategies to reach new customer bases
  • Benefits and challenges of monetizing your data
  • How to efficiently integrate new IT systems

Session 2: Preparing to Mitigate and Respond to Ransomware

Estimated global losses from cybercrime rose to $1 trillion in 2020, according to a report by McAfee.ย Thereโ€™s also been aย recentย rise in ransomware attacks plaguing industries, leavingย institutions either scrambling to remediate negative impactsย or generate new preventive measures.ย Cybersecurity breaches can have severe financial, operational, and reputational consequences, and it can be difficult to defend your organization against these risks when hackers are consistently updating their methods to infiltrate your systems andย steal confidential information.

Weโ€™ll dive into recent trends in ransomwareโ€”looking at where it is now, where itโ€™s going, and steps you can take to protect your organization. From detection and prevention strategies to effective response procedures, weโ€™ll detail what you can do to secure your systems before attacks happen, and what you need to do during an attack to contain and mitigate damage.

Youโ€™ll learn:

  • What happens to your data when you get attacked
  • Where malicious actors sell your information
  • How to contain and respond to an attack if malicious actors succeed in infiltrating your systems
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