Cybersecurity a ‘top priority,’ PA banking secretary says

When asked why he robbed banks, notorious robber Willie Sutton replied, “Because that’s where the money is.”

Today, banks must prepare to face threats from dozens of virtual Suttons, who attack not through the front door, but the back door of a bank’s online systems, said Robin Wiessmann, who is the secretary of Pennsylvania’sDepartment of Banking and Securities.

“During (Sutton’s) criminal career (in the 1930s), a bank primarily had to worry about one person or a small group of people, presumably armed, entering a single branch through the front door in broad daylight business hours,” Wiessmann told a group of business leaders — mostly bankers — gathered Monday at the Spring Mill Manor in Northampton.

“Today, all businesses have to worry about thousands of Willie Suttons, and an assault on all angles. (Criminals) just have to have computer hacking skills and good Internet connections to rob all our offices on any given day, at any given time,” she added.

Wiessmann, an Upper Makefield resident and former state treasurer, said she’s made cybersecurity a priority for her department since being named secretary of the financial oversight agency by Gov. Tom Wolf in January. For the full article click here 

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