Risk
04/08/2025

Why Cyber Risk and Fraud Dominate in 2025

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Cybersecurity and fraud are the top risks concerning bank executives and directors this year, according to Bank Director’s 2025 Risk Survey. Bank leaders understand how to respond to traditional risks such as interest rate or credit risk, says Craig Sanders, a partner with Moss Adams. By contrast, the board may not always know what questions to ask about cybersecurity. And while credit risk may present some concerns, banks can look to past recessions to prepare for potential credit losses in an uncertain economy. 

Topics include: 

  • Cybersecurity Knowledge Gaps 
  • Confronting Check Fraud 
  • Deposit Growth Strategies 
  • Driving Loan Growth  

Bank Director’s 2025 Risk Survey, sponsored by Moss Adams, examines bank leaders’ sentiments about concerns such as cybersecurity, fraud and credit risk. The survey results are also explored in the 2nd quarter 2025 issue of Bank Director magazine.

WRITTEN BY

Craig Sanders

Principal

Craig has been providing audit and IT security services since 1999. He works with clients in the financial services industry to implement core business systems, Internet banking and cash management platforms, business continuity and disaster recovery planning and programs, GLBA compliance, and telecommunications and security systems. Prior to joining Moss Adams, Craig was the president and CEO of a financial services consulting firm that provided IT security, regulatory compliance, and internal audit services to financial services organizations. He also has experience working for a national single-source technology solutions company and a corporate IT solutions sales company, and was the CIO of a multi-billion dollar financial institution.