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April 23, 2020 NFMA Webinar: Cybersecurity: An Emerging Risk that has Arrived
Thursday, April 23, 2020, 12:00 PM - 1:00 PM EDT
Category: Events


Go To Webinar

Thursday, April 23, 2020

Cybersecurity: An Emerging Risk That has Arrived

 Date: Thursday, April 23, 2020

Time: Noon

Location: Go To Webinar


Even in this time of social distancing and COVID-19, cybersecurity remains a credit risk. And, now that many of us in the NFMA are working from home, new risks have arisen – Zoom-bombing, anyone? In 2019, the number, types and cost of attacks have risen greatly. Throughout the municipal sector, bond issuers have experienced, ransomware, distributed denial of service attacks, business email compromise (BEC) and even deep fake scams. One mayor under attack offered $400,000 as the ‘going rate’ for ransomware. In a coordinated attack, 23 Texas municipalities were simultaneously shut down. And BEC attacks in late 2019 were getting $2 million an attack from a number of institutions. The rating agencies have begun to change ratings citing cyber breeches as a contributing cause. Please join these panelists in a lively discussion on the evolving sophistication of cybercriminals; the regulatory and market needs for disclosure; lessons learned from attack experiences; the municipal advisors take on preparation and notification; and what the rating agencies are asking in management meetings.

Moderator: Geoffrey Buswick, Managing Director, S&P Global Ratings

Panelists: Gil Southwell, Vice President, Wells Capital Management; Marti Shew, Director, Hilltop Securities; Lindsay Nickle, Partner, Lewis Brisbois>

Cost: Free for members of NFMA

Please register for Cybersecurity: An Emerging Risk That Has Arrived on Apr 23, 2020 12:00 PM EDT at:

After registering, you will receive a confirmation email containing information about joining the webinar.


Contact: Patrick Luby - [email protected]