Day 1: Cyber Threats to Financial Services Industry Summit

400 senior security professionals gathered in Florida yesterday at the FS-ISAC/FSTC/BITS Summit to work on protecting the financial services industry from cyber threats and security issues that could impact operations and tarnish public trust. Bob Carr, Chairman and CEO of Heartland Payment Systems, served as keynote speaker and opened the Summit this morning by sharing hard-won truths and the security solutions that came from them.

The 2010 Summit’s focus is on “Building a Layered and Integrated Defense Strategy.” During breakout sessions that followed, attendees exchanged information with industry experts, regulators and service providers on topics including encryption, mobile device security, malware, phishing, web browsing, vendor management practices and cloud computing.

FSTC President Paul Smocer served on a phishing prevention panel, telling attendees about BITS’ and FSTC’s joint email security work and answering questions on email authentication: preventing email abuse, protecting