The Western Bankers Association Announces Incident Response Program to Bolster Cybersecurity for Member Banks
SACRAMENTO, CA, – The Western Bankers Association (WBA) today announced the availability of a new member benefit, the Incident Response Program (IRP) designed to help member banks prepare for and mitigate against cyber incidents.
The FBI has reported that more than 4,000 cyber incidents occur, on average, each day. These incidents—breach, ransom ware, data privacy, etc.—can immediately disrupt operations and affect the bank’s bottom line and valuable reputations. To mitigate against such incidents, the WBA has assembled an Incident Response Program (IRP) Team comprised of four complementary cyber security professionals: insurance, legal, technology and public relations.
In 2018, the WBA, in partnership with the Federal Home Loan Bank of San Francisco, launched its social impact awareness campaign designed to share with public the tremendous impact our member banks have in the communities they serve.