Top Protection Strategies Against Financial Cyber Fraud: Are you Ready to Respond?

Cybersecurity is essential for reducing the risks linked to Business Email Compromise (BEC), wire fraud, and electronic funds transfer (ETF) threats. It involves a comprehensive set of strategies that focus on mitigating supply chain vulnerabilities, combating the effects of AI-generated deep fakes, and gaining insight into the tactics, techniques, and procedures (TTPs) used by malicious actors.

In this webinar presented by the McDonald Hopkins’ Data Privacy and Cybersecurity Practice Group, Kevin Baker (Chief Information Security Officer at Fortress Security Risk Management) will join attorneys Robert Cohen and Kate Furstenau to discuss effective protection strategies, what constitutes a data breach and understanding the recovery process.

Topics include:

• Cybersecurity's role in preventing BEC/wire fraud/ETF
• Threat Actor TTP's
• Breach, privacy and reporting
• Notice requirements
• Recovery of electronically transferred funds
• Best practices for prevention