Jack Milligan, editor-at-large for Bank Director
Cybersecurity has lately become a top concern for bank boards and their senior management teams in the face of an unrelenting wave of ransomware attacks. Now you can add heightened geopolitical tension resulting from Russia’s invasion of Ukraine to the worry list. “Clearly we have a geopolitical situation going on which, given the threat actor, does raise cybersecurity concerns,” says Kevin Greenfield, deputy comptroller for operational risk policy at the Office of the Comptroller of the Currency. “And financial institutions, as well as government agencies themselves, are very focused on this heightened alert and are making sure that cyber defenses...
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Jack Milligan is editor-at-large of Bank Director, an information resource for directors and officers of financial companies. You can connect with Jack on LinkedIn or follow @BankDirectorEd on Twitter.