1. Increasing Impact of Cyber Fraud on Commercial Payments

    Monday, March 1
    3:45 PM - 4:45 PM

    Bridgit Chayt, Senior Vice President, Treasury Management, Comerica Bank
    Cathy Davis, CFE, Vice President, Fraud Services, Comerica Bank
    Jason Nestelroad, Supervisory Special Agent, FBI Cyber Division
    Bill Nelson, President & CEO, FS/ISAC

    American companies have been frequent targets of cyber-attackers during the past few years, and the frequency of these attacks is increasing. Wide-ranging in nature, cyber-attacks are costing corporations millions – if not billions -- in goods, reputation and time. This panel of industry leaders will describe trends in cyber frauds -- including account takeover activity -- and how they are addressing these issues.

    • Which cyber fraud activities are affecting commercial clients
    • How the financial services industry can mitigate the risks
    • How FIs can help commercial clients reduce the risks
    • How FIs can work with federal law enforcement agencies to combat cyber fraud