Vice Chair for Supervision Michelle W. Bowman gave opening remarks at the Community Bank Cyber Workshop in Denver, Colorado, via pre-recorded video.
Community banks faced significant cyber events over the past year. The remarks center on cyber hygiene and resiliency.
The workshop covers a tabletop exercise, AI for cyber defense and the risks of AI, the Secret Service, and the Fed Cybersecurity Analytics Support Team.
The threat landscape has advanced — ransomware, business email compromise, and vendor breaches — with AI lowering the barrier to entry and adapting attacks.
Defenses begin with asset inventories, phishing-resistant MFA, identity and access controls, patch management, employee training, and incident-response testing.
As-of Tue 29 Sep 2026. Federal Reserve.
