Independent Banker - August 2019 - 25
TRENDING: SECURITY
Why vendor security
matters to your bank
Today's fraudsters may choose to attack
a community bank's digital platforms or
physical branches and ATMs. But what
happens when a cybersecurity vendor isn't
well versed in physical security, or vice
versa? By Karen Epper Hoffman
hysical security and cybersecurity often
intersect, which means criminals may not
only try to crack a bank's defenses to defraud
its customers, but also those of the vendors and
other partners the bank may use to mitigate or
limit these incursions.
This is why community banks must consider
how they interact with the physical security venP
dors
that secure their branches and ATMs and
the cybersecurity vendors that secure their web
and mobile channels. As many community banks
grow increasingly reliant on an intricate web of
vendors, especially those involved with security,
this can be a challenge-not only because of the
ever-changing landscape of threats, but also
because many vendors that work in cybersecurity
do not always understand physical security, and
vice versa. Some experts question if these areas
are merging.
" The landscape continues to evolve for both
the physical and cybersecurity in the community
banking environment, " says Patrick L. Criss,
the information technology and security manQuick
stat
1,244
Number of data
breaches in the
U.S. in 2018
Source: Statista
independentbanker.org Q 25
http://www.independentbanker.org
Independent Banker - August 2019
Table of Contents for the Digital Edition of Independent Banker - August 2019
Table of Contents
Independent Banker - August 2019 - Intro
Independent Banker - August 2019 - Cover1
Independent Banker - August 2019 - Cover2
Independent Banker - August 2019 - Table of Contents
Independent Banker - August 2019 - 2
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Independent Banker - August 2019 - Cover3
Independent Banker - August 2019 - Cover4
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