North Dallas Bank & Trust Co. (tx) · OTC:NODB

North Dallas Bank & Trust Co. (tx) — North Dallas Bank & Trust — Investor Presentation (2023)

21 slides from North Dallas Bank & Trust Co. (tx)'s investor presentation, 2023

  1. Slide 1: Welcome: Annual Cybersecurity Event

    Welcome Annual Cybersecurity Event

  2. Slide 2: Practical Tips for Cybersecurity: Protecting Your Business, Protecting The Community

    Practical Tips for Cybersecurity: Protecting Your Business Protecting The Community

  3. Slide 3: Your customers are your business; your network is your business

    Your customers are your business Your network is your business

  4. Slide 4: Background

    Background  White House Office of Homeland Security  US Department of Homeland Security  Ridge Global  US Chamber of Commerce Cyber Leadership Council  State of Texas Cybersecurity Council

  5. Slide 5: Sophisticated Actors

    Sophisticated Actors:  China  Russia  Iran  Global Criminal Organizations

  6. Slide 6: FBI: Common Threats to Business

    FBI: COMMON THREATS TO BUSINESS •Data breaches can reveal trade secrets, proprietary material, and costumer data. •Business email compromise (BEC) scams exploit the fact that so many of us rely on email to conduct business—both personal and professional—and it’s one of the most financially damaging

  7. Slide 7: Phantom Hacker Scam

    Phantom Hacker Scam Tech Support Imposter * Pretends to be technical support ¢ Will want to install software on your computer, look at finances \—7 Financial Institution Imposter * Says computer & finances have been accessed by hackers * tells you to move money to a 3 party account for “safety” US G

  8. Slide 8: Tech support scams reported to the FBI

    “From January through June of this year, there were 19,000 tech support scams reported to the FBI Internet Crime Complaint Center; more than $542 million was lost during that time frame. The losses this year already exceed 2022 losses by 40 percent. Source: FBI Denver

  9. Slide 9: FBI General Recommendations

    FBI GENERAL RECOMMENDATIONS  Keep systems and software up to date and install a strong, reputable anti-virus program.  Be careful when connecting to a public Wi-Fi network and do not conduct any sensitive transactions, including purchases, when on a public network.  Create a strong and unique pas

  10. Slide 10: People Processes Technology

    P P T People Processes Technology

  11. Slide 11: Cybersecurity Risk Is a People Problem as Much as Technology

    CYBERSECURITY RISK IS A PEOPLE PROBLEM AS MUCH AS IT IS A TECHNOLOGY PROBLEM “Gone Phishing”: Social engineering schemes, the go-to for nefarious cyber actors, remain effective. “Insiders were the source for 50% of incidents where private or sensitive information was unintentionally exposed.”* *CSO

  12. Slide 12: Recommendations: Consider your external relationships

    RECOMMENDATIONS FOR YOUR BUSINESS Consider your external relationships -Get recommendations for reputable service providers -Interview vendors and third-party providers -Maintain a relationship w/ regular “check-ins” -Incident response: Know what you can expect if there is a problem and get it in wr

  13. Slide 13: Recommendations: Have internal policies & controls

    RECOMMENDATIONS FOR YOUR BUSINESS Have internal policies & controls -Know who has access -Establish policies about who can use systems and when -Establish rules for appropriate usage of systems -Train employees on security and policies -Immediately “Off-Board” former employees/users/third-parties

  14. Slide 14: Recommendations: Have internal policies & controls

    RECOMMENDATIONS FOR YOUR BUSINESS Have internal policies & controls -Have policies for validating major financial transactions -Major transactions should not be authorized by email or text messages without discussion (call back policy) -Policy wrap-up: If you don’t have written policies, you don’t h

  15. Slide 15: Texas data breach reporting requirements

    https://www.texasattorneygeneral.gov/consumer-protection/data-breach-reporting Acts 2023, 88th Leg., R.S., Ch. 246 (S.B. 768), Sec. 1 Effective September 1, 2023.

  16. Slide 16: Don't Just Buy Insurance—Get Assurance

    Don’t Just Buy Insurance— Get Assurance Who procures your cyber insurance? Does the procurement officer coordinate with your IT team? Does your insurance reflect what you know from assessments? Or did you just buy a policy? Do you know what your cyber insurance will cover? Not cover?

  17. Slide 17: Do you understand your cyber policy exclusions?

    Do you understand your cyber policy EXCLUSIONS?

  18. Slide 18: Your bank. Your partner for security.

    Your bank. Your partner for security. Monitor Your Accounts Closely Call your NDBT relationship banker with any concerns

  19. Slide 19: #BanksNeverAskThat

    #BanksNeverAskThat ( a: ~ P TexasBankers.com: ‘sNeverAskThat | . JexasBankers:com/BanksNeverAski nat

  20. Slide 20: Q&A

  21. Slide 21: Thank you!

    Thank you! ~ TexasBankersAssociation Nl N DBT Strong Banks. Stronger Communities. TEXAS * BANKING * ORIGINAL

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