TROY, Mich., -– TECH LOCK is pleased to announce that Chief Security Officer Mike Wright will speak about best practices in cybersecurity on May 11 at Collection and Recovery Solutions (CRS) 2017 in Las Vegas.

Wright will serve on a four-person panel titled “Cybersecurity for the Non-IT Collection/Recovery Professional”. The hour-long panel discussion will address how executives and decision makers can better protect their organizations against cyber threats by understanding basic principles and best practices. 

Wright leads TECH LOCK’s audit team and is responsible for helping reduce IT security risk for several dozen of the largest ARM agencies. He joined TECH LOCK in 2009 and has 15 years of ARM-focused IT experience. Wright, widely known as one of the ARM industry’s top security experts, helps agencies improve their security posture while ensuring they remain compliant with applicable laws and regulations.

The theme for CRS 2017 is “Challenges and Opportunities in a Changing World.” Taking place May 10-12 at the Four Seasons Hotel in Las Vegas, the conference is a content-rich event that provides expert industry speakers to address techniques, strategies and resources for maximizing collection and recovery outcomes.

Cybersecurity is a growing concern for financial services organizations in the wake of an increasing number of high-profile cyber attacks. A recent Duff & Phelps survey of 183 senior-level financial services leaders revealed that 86 percent of firms plan to spend more time and resources on cybersecurity in the next year. That’s up significantly from the 2016 survey when less than 60 percent reported plans to do so.

Thirty-one percent of respondents believe cybersecurity will be a top priority for regulators this year as opposed to just 19 percent expecting that last year.

Regulators are paying more attention too. In March, the New York Department of Financial Services enacted cybersecurity requirements for financial services companies, banks and insurance firms operating under a license, charter or similar authority of New York’s banking and financial services laws. Colorado’s Department of Regulatory Agencies, Division, of Securities, has since proposed new cybersecurity rules on broker-dealers and investment advisors. 

About TECH LOCK

TECH LOCK specializes in holistic information security, compliance and information technology solutions that enables IT infrastructure and security to become a competitive advantage for its clients. With deep experience in data security, compliance and financial service IT infrastructure, TECH LOCK is uniquely able to assist in reducing data security risks while at the same time providing cost savings and increasing IT efficiency. TECH LOCK is a Payment Card Industry Qualified Security Assessor (PCI QSA), Approved Scanning Vendor (PCI ASV) and a HITRUST CSF Assessor. TECH LOCK is part of the RevSpring family of companies. To learn more, email info@techlockinc.com or visit www.techlockinc.com.


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