BEC - FBI calls it the $43B* heist. How to tame this beast?

CISO Dinner

December 15, 2022 - Chicago, IL

Visionaries

Calvin Nobles Illinois Institute of Technology
Calvin Nobles Ph.D.

Chair IT & Management (Former)

Illinois Institute of Technology

Dinner

A recognized practitioner in human factors engineering and cybersecurity operations with 25 years of increasing responsibilities in leading security operations, advising senior executives on cyber policies, and driving enterprise-level solutions. An innovative and strategic leader with a record of delivering cyber solutions that impact national efforts; noted for driving change to achieve cybersecurity objectives.

Kenneth Townsend Ingredion
Kenneth Townsend

Global CISO

Ingredion

Dinner

Founded in 1906, Ingredion together with its subsidiaries, refines corn and produces sweeteners and starches. The company also provides animal feed products; edible corn oil; refined corn oil to packers of cooking oil and to producers of margarine, salad dressings, shortening, mayonnaise, and other foods; and corn gluten feed used as protein feed for chickens, pet food, and aquaculture. The company is headquartered in Westchester, Illinois.

Anand Raghavan Armorblox
Anand Raghavan

Co-Founder & CPO

Armorblox

Dinner

As Co-founder & CPO at Armorblox, Anand loves the excitement of working with world-class teams to build and market game-changing products. Prior to Armorblox, Anand launched ThoughtSpot out of stealth mode, and built and ran product marketing and product management teams there. Anand was a founding team member and product manager at Blue Jeans Network, helping to grow it from four employees to 200+ employees and 2,000+ customers. Before that, he held several engineering roles, including six years at NVIDIA. Anand has a B.Tech. in electrical engineering from the Indian Institute of Technology Madras, an M.S. in electrical and computer engineering from the University of Illinois at Urbana-Champaign and an MBA from the Wharton School at the University of Pennsylvania, where he graduated with honors and was named a Palmer Scholar.

Bradley Schaufenbuel bad Paychex
Bradley Schaufenbuel

CISO

Paychex

Dinner

Bradley J. Schaufenbuel is currently Vice President and Chief Information Security Officer at Paychex. Prior to his current role, he held security leadership positions at Paylocity, Midland States Bank, Midwest Bank, Zurich Financial Services, Experian, and Arthur Andersen LLP. Bradley is the author of multiple books (including two "For Dummies" titles) and has had numerous articles published in professional journals on a wide variety of topics related to information security and governance. He is licensed to practice law in Illinois and is a member of the United States Supreme Court Bar. Bradley holds twenty-five professional designations in the areas of information security management, IT compliance, information privacy, fraud examination, IT audit, computer forensics, ethical hacking, business continuity planning, project management, cloud security, and process improvement, including the C|CISO, CISSP, CISM, CISA, CCSP, CIPP/US, CIPP/E, CIPM, CSSLP, PMP, CRISC, CGEIT, ISSMP, ISSAP, CFE, C|EH, CBCP, CCSK, CDPSE, DFCP, CIFI, CSOXM, CSOE, ITIL v3 Foundation, and Six Sigma Black Belt. He holds an MBA from DePaul University's Kellstadt Graduate School of Business and a JD and an LLM in information technology and privacy law from the University of Illinois at Chicago's John Marshall Law School. Bradley has served as a director on several corporate and non-profit boards, is a regular speaker at industry conferences, and has served numerous clients in the legal, financial services, and healthcare industries as a freelance consultant. He is an advisor to YL Ventures GP, Ltd., Glilot Capital, Eclipz, Inc., Great North Ventures, EventCombo, AttackIQ, Eclipz,io, Privatise, WireX Systems, Menlo Ventures, and ThirdPartyTrust. Bradley was recognized as the Chicago CISO of the Year in 2018, as one of the Top 100 CISOs by Cyber Defense Magazine in 2020, and as the North America Information Security Leader of the Year by GDS in 2021.

Upcoming events

Agenda

All times Central Time

5:30 PM-9:00 PM

BEC - FBI calls it the $43B* heist. How to tame this beast?

According to the FBI’s recent IC3 report in 2022, exposed business loss due to BEC accounts for > $43B. Why? At the heart of it, the biggest fear is not the technology, it is the potential of human error that could expose your organization to a cyberattack. The majority of CISOs agree that an employee carelessly falling victim to a BEC/phishing scam is the most likely cause of a security breach. Most also agree that they will not be able to reduce the level of employee disregard for information security. How do we guard against human error without limiting employee efficiency and productivity?

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