INNOVATION & TECHNOLOGY TRACK: Securing Assets - Cybersecurity Protection
The financial services industry has seen a surge of incidents at banks, nonbanks and vendors. These system or cyber-attacks resulted in data theft for millions of customers, exposed vulnerabilities and in some cases, prohibited business from being conducted. As a result, servicers face increased oversight, and the industry is reevaluating defensive measures. This discussion explores how lenders can strengthen their resilience against these threats.