The impact of ransomware on financial crime compliance
Ransomware continues to dominate headlines globally and the current state of the digital economy has created perfect conditions for criminal enterprises to succeed and financial crime to flourish. Criminal groups are expected to continue in this vein, evolving their tools and finding ways to collaborate, resulting in a greater number of effective attacks.
Large scale and public cyber-attacks have riddled headlines over the past year, raising the level of concern amongst nations, corporations, insurers and banking institutions over security, crypto-related crimes and controls, and potential regulatory reform. As such, Cybercrime has the attention of both IT and FINcrime professionals looking to assess, protect and mitigate from attacks and eliminate money laundering risks.
Join us in this webinar as we discuss:
• Recent tactics of ransomware attacks, how criminal gangs are benefiting from this activity and how Financial Services are impacted
• Key lessons learnt from large-scale attacks using blockchain analytics and threat intelligence
• What controls and practices are banking institutions and compliance programs utilizing to detect and prevent attacks and such illicit funds entering the traditional banking system
• What can we expect from local and international regulations concerning crypto cybercrime?
• Recommendations to manage ransomware related cybercrime and FINcrime risks.
• President of the ICTTF International Cyber Threat Task Force
• Co Chairman of the UK NCA National Crime Agency Industry Group
• Advisor to NaCTSO (National Counter Terrorism Security Office)
• Advisor to NATO on Countering Hybrid Cyber Threats
• Advisor to UK Defence Committee DEFCOM in Parliament
• Deputy Chair – Organised Crime Task Force Industry Group – NI
• Interim Global CISO for numerous multi national organisations
• Advisor to numerous governments and intelligence agencies
Full BIO: www.paulcdwyer.com
Prior to joining BAE Systems, Charmian was a Regional Director of Strategy and Performance for the Risk business at Refinitiv, Head of Audit in North America at Lloyds Banking Group USA, and a Vice President at Morgan Stanley covering Institutional Securities and Capital Markets.
Prior to joining CipherTrace, Pamela was the Assistant Vice President BSA and Information Security for First State Bank. She also has more than ten years in international investigations, due diligence and operations, working primarily in Latin America for the U.S. Government.
Pamela obtained her Bachelor of Arts degree from the University of Texas at Austin and her MBA from the Universidad Autónoma de Madrid. Pamela is a Certified Anti-Money Laundering Specialist (CAMS).
