John Carlson, Executive Vice President, BITS

As technologies such as mobile computing, social networking and cloud computing continue to evolve and they are used more extensively by financial institutions and their customers, challenges with security and fraud grow, too.  In this plenary session, John Carlson, the new executive vice president for fraud prevention and cybersecurity at BITS, will discuss efforts to address the changing security and fraud environment, including collaborative efforts to improve identity proofing. Carlson, former director of bank technology at the OCC, also will discuss compliance with regulatory requirements in security and fraud prevention. BITS is the technology policy division of The Financial Services Roundtable, which represents 100 of the largest U.S. financial services companies.

John Carlson returns to BITS from Morgan Stanley, where as managing director, he focused on supplier risk management, new product approval, environmental risk and standardization of board-approved policies. He is a member of the Financial Services Sector Coordinating Council for Critical Infrastructure Protection and Homeland Security (FSSCC) Executive Committee and co-chair of the FSSCC Policy Committee and past chairman of the FSSCC Research and Development Committee. Prior to Morgan Stanley, Carlson was senior vice president at BITS, managing regulatory, security, vendor management, and crisis management initiatives from 2002 until 2010. During his tenure, he created and led BITS’ regulation program and was instrumental in collaborating with the U.S. Department of the Treasury and the Department of Homeland Security to strengthen business resilience for the sector. He fostered collaborations with major software companies, the telecommunications industry and government agencies on cyber security, resiliency and supply chain issues. 

Prior to 2002, Carlson served in a variety of roles at the Office of the Comptroller of the Currency, including director of bank technology. He also worked at the U.S. Office of Management and Budget, Federal Reserve Bank of Boston and United Nations Center for Human Settlements.