[September 25, 2014]

Teraverde Management Advisors CEO James Deitch Leads Panel Presentation on "Cybersecurity: Tales from the Trenches" at the Financial Managers Society 2014 East Coast Regional Conference

Teraverde Management Advisors announced that James M. Deitch, CEO, will lead and contribute to a panel presentation titled "Cybersecurity: Tales from the Trenches" at the Financial Managers Society 2014 East Coast Regional Conference in Hershey, PA on September 28, 2014. The panel will be a joint presentation of Teraverde, Tangible Security, and Verittas Risk Advisors. The conference is held annually for financial executives.

Deitch's panel will discuss a variety of cybersecurity threats that banks face, how several recent hacking incidents were accomplished (both publicly reported and non-public incidents), and key risk reduction techniques, including how companies can improve security by "ethical hacking," in which "gray hat hackers" use the same techniques as the most sophisticated real hackers seeking to steal data.

"Criminals have moved many of their cyberattacks to regional companies and banks because they are perceived to be easier targets than the larger companies and banks. At the same time, federal regulators have increased their expectation that even small and mid-size banks and critical infrastructure companies perform real-world vulnerability assessment using real threat emulation," commented Jim Deitch.

Other topics to be discussed in the panel include:

• The frequent compromises of routine operational procedures by employees and vendors that are the source of most security breaches
• The importance of ongoing security assessments because new vulnerabilities are continually being introduced into technology systems, equipment, business processes, and through employee practices and behaviors
• Methods to reduce the threat of misappropriation of company and customer data and funds

Teraverde is a premier national consulting firm in the financial services industries. Teraverde helps financial institutions of all sizes achieve greater profitability, streamlined operations and process improvements in compliance with stringent and expanding regulatory requirements. Teraverde has offices in NYC, Coral Gables, Dallas and Lancaster, Pennsylvania. For more information visit www.teraverde.com.

Verittas Risk Advisors provides internal audit and risk advisory services to the financial and banking industries. For more information visit www.verittas.com.

Tangible Security develops and deploys cybersecurity solutions for the financial and banking industries, the Fortune 100, and the federal government to protect sensitive data, infrastructure, and competitive advantage. For more information visit www.tangiblesecurity.com.

[ Back To TMCnet.com's Homepage ]