Auditing & Protecting Databases in Regional Banks – An Industry View
Original Webinar: May 22, 2009
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Much like the overall financial services industry, regional banks continue to be under heightened compliance and security pressures. Regional banks have many of the stringent compliance and audit requirements from regulators similar to the ones that face larger institutions. However, unlike larger financial entities, regional banks have smaller IT resources to manage compliance programs. This makes the task of ensuring adequate compliance harder.
Today, more than ever, regional banks need to ensure the privacy of sensitive information stored in their databases. Data theft, particularly from large data stores continues to escalate. Federal, state and other regulations mandate strong privacy and auditing controls, and increasingly contain stiff penalties for non-compliance. Hindering the implementation of appropriate measures is the challenging economic environment. In summary, it is critical to understand how to audit and protect databases in as cost-effective a manner as possible.
Helping us sort through these challenges and focus our thinking will be industry expert Robert Woods. Robert currently serves as Vice President/Security Architect supporting information security, privacy, and governance efforts for The South Financial Group.
Prat Moghe, Founder & General Manager of Tizor Systems, will guide the round-table panel discussion. More extensive bios for each participant can be found below. The audience is encouraged to post questions before hand or during the web cast.
About Our Speakers:
Robert Woods is an Information Assurance Professional with 20 years of experience in information security. Professional certifications include CISSP, CCNA, and MCSE. Robert holds a Bachelor’s degree in Electronic Systems Technology (EST) from Southern Illinois University as well as a Master’s of Science degree in Information Assurance (MSIA) from Norwich University. Robert’s diverse background includes technical and management roles in the following industries at domestic and international levels:
- Insurance (State Farm Insurance)
- Financial Services (The South Financial Group & US Bank/Elavon)
- Retail (supporting PCI DSS efforts for Wal-Mart)
- Telecom (Lucent Technologies/International Network Services)
- Department of Defense/U.S. Air Force
- Education (Adjunct Professor, ITT Technical Institute)
Robert currently serves as Vice President/Security Architect supporting information security, privacy, and governance efforts for The South Financial Group.
Prat Moghe is the founder of Tizor who led the launch of its product into the data auditing market. Prat is responsible for driving corporate strategy, technical vision and day-to-day operations. Prat led Tizor through two financing rounds and established its security and compliance market strategy. Prat is an acknowledged thought leader in the compliance, security, networking, and systems management space and is widely quoted on identity theft and emerging security trends. He is also the author of the security industry’s first data auditing blog here . Previously, Prat was Founder and CEO of StreamCenter Inc., a venture-financed startup that developed reliable video distribution for the public Internet. He has a strong technical background in networking, security, and systems management, starting at Bell Labs Research. Prat has several patents pending or granted, and has published numerous papers in conferences and journals. He holds a PhD in Electrical Engineering from UCLA. Prat is a TiE Charter Member and is active in mentoring other entrepreneurs.