CIO Chicago Summit | October 30, 2019 | Convene - 16 West Adams Street - Chicago, IL, USA



Cyber, Fraud, and AML Fusion: "Bringing the Pieces Together"

Think Tank - 10:05 am - 10:30 am

Fraudsters and other cyber threat actors attack across the people/process/technology stack in a cross-channel manner, and don't differentiate between cyber, fraud, and AML. As targets of these actors, we can't afford to maintain artificial separation between these functions. In response, Cyber, Fraud, AML, and Physical Security increasingly being either being joined in fusion centers or fully integrated into a whole that is more than the sum of its parts. In fact, Gartner estimates that by 2022, 70% of organizations will have combined budget or leadership for their fraud and cyber functions.  

  1. What are the advantages (and costs/risks) posed by the creation of a JSOC or cyber fusion team  
  2. How can these areas be fused in organizations of various sizes 
  3. What other groups or functions should, or could, participate 
  4. Selling the concept of the Cyber-Fusion/ the JSOC in the face of internal politics and regulatory scrutiny

Presented by:

Jonathan Golder, Director, Information Security and Fraud Governance, Discover Financial Company