The half-day 2016 Cybersecurity Conference is an opportunity for New England financial institutions' CEOs and board of director-level executives to connect with peers, learn about cybersecurity challenges facing the banking industry, and consider innovation opportunities for the future.

By establishing a strong foundation in the cybersecurity issues examined, banking industry leaders will be better placed to help drive favorable business outcomes.

There is no cost to attend this event, however advance registration is required and space is limited.

Attendees: please note media will be present.

Members of the media interested in attending this conference should contact Tom Lavelle at Thomas.L.Lavelle@bos.frb.org or (617) 973-3647.

Agenda
9:30 – 10:00 A.M. Registration

10:00 – 10:15 Opening Remarks
Ken Montgomery, First Vice President and COO
Federal Reserve Bank of Boston

10:15 – 11:00 Opening Presentation: A View on Cybersecurity and Financial Stability from the CEO

Eric Rosengren, President and CEO
Federal Reserve Bank of Boston

11:00 – 11:45 Emerging Technologies: Impact on Information Security Risk Evaluation
Dr. James Burrell, Deputy Assistant Director
Federal Bureau of Investigation

11:45 A.M. – 12:30 P.M. Lunch

12:30 – 1:15 A Comparative Perspective on Financial Sector Resilience
Anjan Mukherjee, Counselor to the Secretary and Deputy Assistant Secretary for Financial Institutions Policy
United States Department of the Treasury

1:15 – 1:45 Best Intentions: How Unintended Consequences can be all the more significant in scope and magnitude given the online global economy
Peter Kuper, Partner
In-Q-Tel  

1:45 – 2:00 Networking Break 

2:00 – 2:30 The Future of Cybersecurity
Don Anderson, Senior Vice President and CIO
Federal Reserve Bank of Boston

2:30 – 3:00 Bitcoin/Blockchain and Potential Implications for Cybersecurity
Jim Cunha, Senior Vice President
Federal Reserve Bank of Boston

3:00 – 3:30 Oversight of Cybersecurity Matters in the Boardroom:  Emerging Standards, Questions to Ask, and Best Practices
Stephanie Zierten, Associate Counsel
Federal Reserve Bank of Boston

Opening Presentation: A View on Cybersecurity and Financial Stability from the CEO

Eric Rosengren, President and CEO, Federal Reserve Bank of Boston

Emerging Technologies: Impact on Information Security Risk Evaluation

Dr. James Burrell, Deputy Assistant Director, Federal Bureau of Investigation

This session will present a strategic assessment of several emerging technology areas with potential impact on information security risk evaluation. Presentation topics will include the Internet of Things (IoT), software defined networks (SDN), and an overview of a FBI developed technology aimed to provide public and private sector organizations with a trusted collaborative environment that supports the investigation, analysis, and sharing of information associated with malware threats.

Treasury's Approach to Financial Sector Cybersecurity

Anjan Mukherjee, Counselor to the Secretary and Deputy Assistant Secretary for Financial Institutions Policy, United States Department of the Treasury

Treasury's role in financial sector cybersecurity is a critical aspect of its overall mission to maintain financial stability and facilitate economic prosperity. U.S. authorities' efforts to address the challenges posed by resolving large, complex financial institutions offer insights in the development of cybersecurity policy. Similarly, lessons learned from handling cybersecurity incidents can inform resolution policy. These efforts share conceptual underpinnings and a common objective of maintaining a secure, resilient, and sound financial system.

Best Intentions: How Untended Consequences can be all the more significant in scope and magnitude given the online global economy

Peter Kuper, Partner, In-Q-Tel

The now entwined global online economy if anything is a great multiplier of all economic activity, large or small. From online crime to nation-state activity, the more IP and critical assets are Internet-enabled, the larger the scope of collateral damage. From owned ATM machines to the rise of Bitcoin, the algo-driven trading of commodities to the international ownership of T-bills, from economic policy to the rise of the Donald, no one move occurs in isolation and the implications from such are now starting to become glaringly obvious. The best laid plans, in isolation, may look ideal, but once out there, the end result are increasingly becoming far from anything a model could have predicted.

Bitcoin/Blockchain and Potential Implications for Cybersecurity

Jim Cunha, Senior Vice President, Federal Reserve Bank of Boston

The Boston Fed's payments executive, Jim Cunha, will review the basics of bitcoin and its underpinning technologies and discuss some potential implications of the application of the technologies to the broader financial services market

The Future of Cybersecurity

Don Anderson, Senior Vice President and CIO, Federal Reserve Bank of Boston

Explore the changing landscape of cyber security in the age of digital disruption, increased oversight, paranoia and reality. We will discuss aspects of a security organization which become ever more important including resiliency and 3rd party risk management.

Oversight of Cybersecurity Matters in the Boardroom: Emerging Standards, Questions to Ask, and Best Practices

Stephanie Zierten, Associate Counsel, Federal Reserve Bank of Boston

In the last few years, the oversight for cybersecurity matters has reached the boardroom level. During this presentation, we will discuss the emerging standard of care of directors within the cybersecurity context, the practical implications related to cybersecurity oversight responsibilities, as well as recent developments in the cybersecurity statutory landscape.

Eric S. Rosengren, President & Chief Executive Officer, Federal Reserve Bank of Boston

Eric Rosengren is President and Chief Executive Officer of the Federal Reserve Bank of Boston and a voting member of the Federal Open Market Committee. Prior to his appointment as president in July 2007, he headed the Bank's supervision, regulation, and credit group, and was active in domestic and international regulatory policy. Rosengren joined the Bank in 1985 as an economist in the research department, with a B.A. from Colby College and an M.S. and Ph.D. from the University of Wisconsin, Madison. He has written extensively on macroeconomics, international banking, bank supervision, and risk management; including articles in leading economics and finance journals. Much of his recent research has focused on how problems in the financial sector impact the real economy. Rosengren is a director of the United Way, a trustee of Colby College, and a member of advisory boards at Colby College and the University of Wisconsin.

Kenneth C. Montgomery, First Vice President & Chief Operating Officer, Federal Reserve Bank of Boston

Kenneth C. Montgomery is First Vice President and Chief Operating Officer at the Federal Reserve Bank of Boston. He has responsibility for the Bank's financial and Treasury services, information technology, regional outreach and community development, strategic planning, human resources, corporate support, and administrative activities. Montgomery is the Function Director for the Federal Reserve System's Financial Support Office and in this capacity has national leadership responsibilities for the Federal Reserve System's financial management strategies and operations. He is a voting member of the Financial Services Policy Committee, which sets the strategic direction and oversees the evolving U.S. payment system, and former chair and a member of the Steering Committee of the Federal Reserve System’s Conference of First Vice Presidents.

Prior to joining the Federal Reserve Bank of Boston, Montgomery was Executive Vice President and Federal Reserve System Chief Technology Officer for the Federal Reserve Information Technology organization located in Richmond, Virginia. In this position he headed the National Information Technology Architecture and Standards Division, which includes Federal Reserve System-wide responsibility for business consulting, technology and strategic planning and standards development; the National Information Security Assurance group responsible for Federal Reserve System information security policy, programs and information security risk management; and the Enterprise Program Management Office responsible for high-intensity solutions engineering, and national program management activities.

Beyond his role as First Vice President of the Federal Reserve Bank of Boston, Montgomery is chair for the Boston Private Industry Council, the city's workforce development board; an executive committee member at both the Boston Municipal Research Bureau and the Greater Boston Chamber of Commerce; and serves as vice chair for the Advanced Cyber Security Center, a nonprofit consortium.

Montgomery, originally from Kearny, New Jersey, received a bachelor’s degree from Seton Hall University and M.B.A. from Fairleigh Dickinson University.

Don Anderson, Senior Vice President & Chief Information Officer, Federal Reserve Bank of Boston

Don Anderson is the Senior Vice President and Chief Information Officer (CIO) at the Federal Reserve Bank of Boston. In this capacity, he is responsible for the Bank's IT function, the Federal Reserve System's Internet Cyber and Network Security services which support in excess of $4.5 trillion daily transaction volume, Real Estate Services Group and Law Enforcement Units. Don is currently a member of the Bank's Executive Committee and represents the Bank on the System's CIO committee.

Prior to joining the Federal Reserve, Don was a senior consultant with Hewlett Packard (HP) Services focused on the development and execution of IT transformation strategies for Fortune 500 companies. While at HP, Don successfully managed a number of multi-million dollar international programs.

He holds a BS degree from the University of Connecticut and an MBA from Bentley University, is a founding member of the Advanced Cyber Security Center (ACSC), Board Member of the Wall Street Technology Association (WTSA) and is an active member of the Dana Farber Leadership Council (DFLC).

Jim Cunha, Senior Vice President, Federal Reserve Bank of Boston

As Senior Vice President of Treasury and Financial Services at the Federal Reserve Bank of Boston, Jim Cunha leads the Bank's payments and related business and research units. The T&FS unit includes Cash Processing, Payments/Mobile Strategies, and Wholesale Payment Operations. Jim is also responsible for two U.S. Treasury businesses: Stored Value Card and Invoice Processing Platform. Jim has worked at the FRB since 1984. Prior to that, he worked at Fleet National Bank.

He has a BS in Accounting and Philosophy from Northeastern University and a BA in Computer Science from Rhode Island College. He is Chairman of the Board of Children's Friend and Family Services of Salem, Massachusetts and an ex-officio member of the Board of Directors at NEACH.

Stephanie Zierten, Associate Counsel, Federal Reserve Bank of Boston

Stephanie Zierten is Associate Counsel with the Federal Reserve Bank of Boston. In this position, she concentrates on cybersecurity, information technology, contract, and intellectual property matters. Prior to joining the Federal Reserve Bank of Boston in 2014, she was the Deputy General Counsel at the Commonwealth of Massachusetts Information Technology Division (now known as MassIT), where she advised state agencies on technology law issues. Before entering public service, Stephanie was an associate in the Intellectual Property Practice Group at Testa, Hurwitz, and Thibeault. Upon graduating from law school, Stephanie clerked at the Massachusetts Appeals Court for the Honorable Susan Beck.

Stephanie graduated cum laude with a B.S. in Electrical Engineering from Boston University and received her J.D. from Northeastern University School of Law. She is a registered patent attorney with the U.S. Patent and Trademark Office.

Dr. James Burrell, Deputy Assistant Director, Federal Bureau of Investigation

James Burrell serves as a senior federal government executive in the position of Deputy Assistant Director at the Federal Bureau of Investigation. His current responsibilities include executive leadership for agency-wide research, development, and advancement of applied technologies for investigative and intelligence operations. In this position, he also directed global FBI cyber investigative and intelligence operations, including the implementation of a multi-year enterprise-level strategy to enhance capabilities to counter current and emerging cyber threats impacting the United States. He has extensive diplomatic and national policy experience serving as a delegate to multinational organizations and senior representative to interagency governmental and national security policy committees. During his career with the FBI, he was the lead investigator for numerous high-profile complex criminal, national security, and cyber investigations and served in key leadership positions with increasing levels of responsibility within the agency.

Dr. Burrell has academic affiliations as a faculty member and research advisor for graduate-level computer science and engineering programs at public and private universities. He earned B.S., M.S., Ed.S., and Ph.D. degrees in the fields of electrical engineering and computer and information sciences. He also received professional and technical certifications in information technology, information security, and digital forensic science. He is a Senior Member of the Institute of Electrical and Electronics Engineers (IEEE), Professional Member of the Association for Computer Machinery (ACM), and an inductee to the Upsilon Pi Epsilon International Honor Society

Peter Kuper, Partner, In-Q-Tel

Peter Kuper is a Partner with In-Q-Tel, the nonprofit strategic investment firm that identifies, adapts, and delivers innovative technologies to support the missions of the U.S. Intelligence Community. Peter actively seeks and works with private companies with a particular focus on security and enterprise software. Previously, Peter was the lead software analyst for Morgan Stanley where he published industry leading investment reports and led over 18 public transactions.

Peter was a Wall Street analyst for 15 years offering him the opportunity to work with some of the most dynamic and talented public and private companies and the world's leading investment professionals. As a visible voice for the software industry, Peter has given numerous presentations to professional and government groups and has been interviewed on CNBC, Bloomberg Television, and quoted in most leading publications including The Wall Street Journal and The Financial Times. He has also published articles in IEEE Magazine. Peter currently serves as an adviser to the Pacific Northwest National Lab and is a Faculty member for IANS.

Anjan Mukherjee, Counselor to the Secretary and Deputy Assistant Secretary for Financial Institutions Policy, United States Department of the Treasury

Anjan Mukherjee currently serves in the U. S. Department of the Treasury as Counselor to the Secretary and Deputy Assistant Secretary for Financial Institutions. Anjan oversees the Office of Financial Institutions Policy, the Office of Critical Infrastructure Protection, and the Federal Insurance Office.

Prior to joining the Treasury, Mr. Mukherjee was a Senior Managing Director in the private equity area of Blackstone, an investment management firm, where he had responsibility for the pharma & life sciences, chemicals, aerospace & defense and transportation & logistics sectors. Mr. Mukherjee previously held positions at Thomas H. Lee Company, Morgan Stanley and the U.S. Department of Education prior to joining Blackstone in 2001. In 2008, he was part of President Barack Obama's Transition Team, focusing on matters of economics and international trade.

Mr. Mukherjee received his BA from Harvard University and MBA from Harvard Business School.