Spotlighting the importance of cybersecurity risk management, Bricker & Eckler attorney Greg Krabacher will be presenting “What you need to know NOW about cybersecurity” at the 2016 Ohio Mortgage Bankers Association Annual Convention. The event takes place on Tuesday, May 3 in Columbus, Ohio.

With recent threats on personal information, financial services providers, especially, are vulnerable to cyber-attacks. While the sensitivity of the information they hold puts lenders at immense risk, those that establish a comprehensive plan and make use of industry tools and resources may avoid a catastrophic outcome should a data breach occur. Krabacher offers the following first steps:

  1. Establish a plan and incident response team
  2. Assess data breach risk and inventory personally identifiable information or confidential client information
  3. Become familiar with applicable laws and regulations
  4. Educate and train employees

For more information regarding the OMBA Annual Convention, click here.