Cyber and Technology Risk Management Forum, Park City, UT

• Examinations: To protect banking system • Community Banking: Crucial to economy • As threats accelerate, banks must change faster than they have historically

• More bank failures due to IT risks will occur. • SWIFT thefts should be a wakeup call. • Waiting for a failure is a poor approach to managing risk. • Will commissioners be called before state congressional panels or governor’s office after a major breach / bank failure? • Are you prepared to explain your efforts to protect local economies? • Are you evaluating if a bank is safe and sound or if it is simply making good loans?