Cyber Crime Trends - 2021 Update

Date: Wednesday, June 23, 2021
Time: 11:00 AM ET / 10:00 AM CT / 09:00 AM MT / 08:00 AM PT [Prevailing Time]
Presenter(s): Mark Eich, CPA, CISA, GCSL, Principal-Cybersecurity, CLA
Moderator(s): Bill Erlenbush, CPA, NSAC Director of Education
Learning Objectives:
This session will describe the threat landscape, discuss regulatory efforts to address the threat, and provide insight on how business leaders can effectively address this emerging threat.
Discussion topics:
• What is cyber crime?
• Payment fraud trends and tactics hackers are using
• How and why hackers are targeting you
• Common information security weaknesses
• Solutions to help minimize risk
Field of Study: Information Technology
Program Level: Basic
CPE Credit: 1 Credit Hour
Delivery Method: Group Internet-based
Prerequisite(s): No advanced preparation or prerequisites are required for this course.
IMPORTANT NOTE:
Members should visit the Recordings Catalogue to view all available recordings for free and on-demand. Join NSAC today to enjoy this benefit.
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Course Description

Hackers have learned to profit from their activities. Virtually every industry segment is affected, including state and local government entities. Indeed, any organization that stores personal financial information on the network or conducts online cash management is a potential target. In addition, new trends in ransomware have shown the ability to cripple entire networks. As a result, any organization that relies on its technology being available is a potential target. In addition, payment fraud targeting wire transfers, automatic clearing house payments, and credit cards is increasing at an alarming rate. Historically, hacking has been a high-risk issue only for banks, but attackers are now targeting all businesses in an effort to access bank funds via online payment methods.

This session will describe the threat landscape, discuss regulatory efforts to address the threat, and provide insight on how business leaders can effectively address this emerging threat.
Discussion topics:
• What is cybercrime?
• Payment fraud trends and tactics hackers are using
• How and why hackers are targeting you
• Common information security weaknesses
• Solutions to help minimize risk

Presenter and Moderator Bios
Presenter: Mark Eich, CPA, CISA, GCSL, Principal-Cybersecurity, CLA
Mark is the founding Principal of the Information Security Services Group at CLA. He has over 32 years’ experience in auditing and technology consulting. In this position, he has actively led many IT audits and security assessments for clients in a range of industries and with a diversity of operating environments. He leads a team of technology and industry specialists in an efficient approach to provide security analyses that are balanced with business needs. Information security assessments include:
• Network penetration services.
• Internal network security assessments.
• Incident response and electronic forensics services.
• IT audit
• SOC 1 and SOC 2
• Information security policies and procedures assessment / consulting.
• PCI compliance
• HIPAA / HiTrust

Moderator: Bill Erlenbush, CPA, NSAC Director of Education
Bill Erlenbush spent his entire career working in cooperative accounting at GROWMARK. His work experience includes all aspects of order control and billing, accounts receivable/payable, financial accounting, and tax. As compliance officer, he had responsibility for the administration of the compliance and ethics program at GROWMARK and its subsidiaries and retail divisions. In addition, he was been involved in negotiating major acquisitions for GROWMARK. His educational background includes a Bachelor of Science degree in Accountancy from the University of Illinois and an MBA from Illinois State University. He is a Certified Public Accountant. Bill is an active member in many industry, professional, and community organizations. He is past president of the Mclean County United Way Board of Directors as well as the past president of the Heartland Community College Foundation Board of Directors.

Cost
Free for NSAC Members / $56.00 for Non-Members

Delivery System

  • All programs are delivered using the Zoom platform.
  • Confirmations will include log-in instructions.
  • Participants are able to participate using any device with an Internet connect (if the device does not have speakers, the participant can also dial-in) or they can participate with audio only by dialing in.
  • All registrants will receive a link to the CLN’s recording by email within 48 business hours of event’s conclusion.
  • There will be assistance available to help with technical and connectivity issues up to 10 minutes prior to the start of the presentation.

Registration

All registration is done on-line and each guest must provide their name and email address to participate. All NSAC members may register for free. Non-members may register for a nominal fee.

Refund Policy

NSAC will not issue refunds for CLNs. If a registrant is unable to participate in the CLN and provides notification to info@nsacoop.org 48 hours prior to the session, a credit will be provided for a future CLN. Alert the NSAC staff member monitoring the CLN if technical difficulties are encountered and technical support will be provided to eliminate problems with future CLNs.

Additional Information

Live participation is required for CPE credit and polling questions must be answered to document your active participation. All registrants will receive an email following the session with links to the slides and/or handouts, and a link to the CLN recording (unless otherwise stated). If you are unable to participate in the live session, you can still watch the recorded session, but you will not be eligible for CPE credits. Those eligible for credits will receive their certificate by email with 7 business days.

For more information regarding NSAC CLNs or administrative policies such as complaint and refund, contact the NSAC Headquarters, 7946 Clyo Road, Suite A, Centerville, OH 45459, 937-222-6707, or info@nsacoop.org.