Target. Michael’s. White Lodging Services. Neiman Marcus. It seems that with every passing week another cyber attack has breached the security of a major firm in the country. And experts maintain the rash of attacks will likely get worse.
“Criminals are becoming increasingly expert at breaching payment systems and stealing data – and dollars – across the country, and globe,” says Warner Johnston, Head of ACCA USA, the US arm of the Association of Chartered Certified Accountants. “It’s important to go beyond the rhetoric and find practical – and immediate – solutions.”
On Thursday, April 3, ACCA USA will convene its second annual cybercrime symposium at Pace University, assembling a roster of cyber security experts to examine the burgeoning criminal trend.
Amid increasing threats facing cybersecurity across the globe, “Cybercrime in the World Today 2014: Emerging Threats” will bring together business and law enforcement professionals, academics, students and members of the public.
The Washington Post recently reported that cybercrime cost U.S. companies an average of $11.5 million in 2012, according to a study by the Ponemon Institute, up 26 percent compared with the previous year. The effect on consumers can last for years, as they are left vulnerable to bogus charges and potential identity theft.
ACCA is the global body for professional accountants with 162,000 members and 428,000 students in 170 countries worldwide.
Johnston expects the panel to explore data breaches, emerging cyber-terror threats, cloud-based security measures, digital currencies and fraud, steps to protect small businesses, and state-of-the-art risk management measures.
Joining moderator Jonathan Hill, Associate Dean at Pace’s Seidenberg School of Computer Science and Information Systems, will be: Vincent Tophoff, Senior Technical Manager, International Federation of Accountants; Charles F. Gilgen, Supervisory Special Agent, Federal Bureau of Investigation; Bernadette Gleason, North America eCrime Laboratory Manager at Citi; and, Robert A. Zandoli, Senior Vice President, Global Chief Information Security Office, AIG.
Additionally, David Szuchman, Executive Assistant District Attorney and Chief of the Investigation Division at the Manhattan District Attorney’s Office, will deliver remarks at the event, to be held in the Michael Schimmel Center for the Arts.