Ron Arden, Vice President and COO of Fasoo, Inc., participated in a panel discussion on cyber security priorities in the finance industry at FinCyberSec 2016 at Stevens Institute of Technology in Hoboken, NJ on June 1, 2016. Ron was joined by Alan Brill, Senior Managing Director from Kroll, and Michael Frank, President of Secure Business Strategies. The panel was moderated by Dr. Paul Rohmeyer, who organized the conference.
The first topic of discussion addressed the challenges of cyber security in the financial services industry. Dr. Rohmeyer asked if there are unique priorities of CISOs who are operating in different industries or if they are similar? Ron mentioned that people either want to disrupt operations or steal data when you experience a cyber security event. Regardless of industry, the general goals are the same. There are clearly unique processes in financial services that may not be in other industries, but the basics are the same.