Banking 101: ATM Smash and Grabs, Cyber Extortion, and More
ATM Smash and Grab…Cyber Exposures… Alligators in your Bank (and other things that can bite you!)
*Free for SWABC members. SWABC Members use Promo Code SWABC0429 at check out to apply your discount.*
Access Information will be sent to registrants the day before the event (4/28) to the e-mail used for registration.
This quick paced presentation will explain the huge increase that banks have been facing in the last year due to thieves breaking into their ATM Machines. Over 250 losses have been reported to the Texas Bankers Association in the last year. Nationally, larger banks have seen over 1500 across the country! How does insurance respond and what can a bank do to protect themselves? Also, the biggest worry a bank may have today is not loss of it’s data. Rather its’ ransomware attacks where the bank’s data is locked out and a huge ransom is demanded. How does insurance respond. What can a bank do to protect itself?
Presenter:
Brien O’Conner
President, Banker's Insurance Agency
Brien O’Connor has been in the insurance industry for over 35 years and has been with TBA since 1989, where he heads up TBAs Bankers Insurance Agency. Brien specializes in bank insurance coverages – Financial Institution Bonds, Directors and Officers Liability, Cyber Liability and Commercial Package coverages. Brien has taught thousands of bankers and held classes in these topics as well as been an expert witness for the FDIC in cases involving Financial Institution Bonds. Bankers Insurance Agency insures over 250 banks across Texas, Oklahoma, Kansas, Colorado and Arkansas.