Michelle Bowman, Speech: Welcoming Remarks, Midwest Cyber Workshop

“In my remarks today, I will briefly discuss four topics. First are the implications of evolving technologies and their impacts on the cyber risk landscape. Second, I will discuss how customer demand for innovation and personalized products has increased reliance on third parties. Third, I will cover the recently effective computer security notification rule, and how that rule can benefit regulators through notification of cyber incidents and banks in monitoring their third-party service providers. And finally, I will briefly address some of the Federal Reserve’s recent actions related to cyber risk.”