6:00 p.m. - 8:00 p.m. Roundtable dinner and discussion
Beware the Weakest Link! Email Compromise & the Threat for Directors
This isn’t your “Nigerian Prince” phishing attack – global criminal adversaries use sophisticated intelligence gathering, utilize teams of specialists, and employ scaled technologies to launch attacks from afar on wide scale. This exploitation of corporate email accounts cost US companies $650 million in 2017, a number expected to double in 2018.
The Threat Environment and Incident Response. Explore first-hand accounts of the current business email threats based on actual breaches: Threat actors? Methods? Targets?
Explore strategies to prevent and respond to these incidents.
Risks to Directors & Regulatory Guidance. In October 2018 the SEC issued report warning companies about this risk, detailing the need for adequate controls and highlighting related financial reporting obligations. This comes on the heels of its February 2018 guidance concerning cyber risk.
Director Oversight and Action Items. Directors’ role in data security oversight.
Discuss steps Boards can take to deal with this risk, satisfy their duties & limit liability
This by invitation only event ensures Directors have the desired Committee or subject-matter expertise for robust conversation. The evening is limited to 16 Directors to ensure a small, one-table conversation over cocktails and dinner. If interested in attending, please request an invitation by sending an an email to email@example.com
David Navetta, the vice chair of Cooley's cyber/data/privacy practice, is a prominent leader in privacy, information security and technology law. He has extensive experience counseling clients on novel and cutting-edge data protection issues, including data breach response, cybersecurity risk management, consumer and employee privacy, incident response planning and preparedness, technology transactions, vendor management, board of director advice and consultation, regulatory investigations, litigation and due diligence in corporate transactions. David serves as a "breach coach" on an approved panel for numerous cyber insurance carriers and companies, and he has helped some of the world’s leading corporations to effectively respond to complex data security breaches and protect their enterprise. David’s clients range from startups to large Fortune 500 multinationals across a range of industries, including ecommerce, consumer products, name-brand traditional brick-and-mortar, hotels and hospitality, social media, technology, professional services, healthcare, financial institutions and energy.
Fran Wheeler is a partner in the Colorado office of Cooley LLP. His practice includes corporate, securities and transactional matters, including public and private offerings, mergers and acquisitions, international transactions, corporate governance, and securities law disclosure and compliance. He has represented publicly and privately held companies, as well as board committees, in a broad range of industries, including as a transactional lawyer advising clients in bankruptcy. Prior to joining Cooley, Wheeler was a partner with a Denver-based AmLaw 200 firm, where he headed its corporate practice. He also practiced in New York City.
Wheeler is currently named in Chambers USA: America's Leading Lawyers in Corporate/M&A; in Best Lawyers in America in Corporate Law, Mergers & Acquisitions Law and Securities/Capital Markets Law; and in Euromoney Expert Guides in Corporate Governance. A member of the Merger & Acquistions Committee of the American Bar Association's Business Law Section, Wheeler is active on the task force authoring the ABA's model tender offer agreement for the acquisition of a public company. He is also an officer and director of the Colorado Chapter of the National Association of Corporate Directors (NACD) and an NACD Corporate Governance Fellow. He has a BS in Chemistry from Weber State University and JD and MBA degrees from Harvard University.
Independent Director; Callon Petroleum + USA Truck
Major General (Retired) Barbara Faulkenberry joined the NACD Colorado Board in September 2017. She serves as an independent director on two public company boards, and she recently joined the board of Callon Petroleum (NYSE: CPE) and is the Technology Committee chair and member of the Nomination and Governance Committee of USA Truck Inc. (NASDAQ: USAK). Faulkenberry retired from the U.S. Air Force in 2014 as the Vice Commander, 18th Air Force, Scott Air Force Base, Illinois, where she had responsibility for the command's 1,100 aircraft and 37,000 people with a worldwide mission of providing rapid global mobility for U.S. armed forces through airlift, aerial refueling, and aeromedical evacuation. Her responsibilities were diverse throughout her 32-year military career with positions of leadership for U.S. military logistics throughout Africa, airlift/air refueling/aeromedical evacuations for Iraq and Afghanistan, ground support of airlift operations throughout the Pacific, U.S. military policy throughout Latin and South America, and the leadership development of the junior officer corps.
In addition to her public company boards, Faulkenberry serves as a director for the International Women's Forum Leadership Foundation and as a trustee for the Air Force Academy's Falcon Foundation.
Active with the NACD, Faulkenberry has attended the association's Battlefield to Boardroom course and programming at five different chapters and two Cybersecurity Summits, and she is an NACD Leadership Fellow. She is a graduate of the U.S. Air Force Academy with an undergraduate degree in Operations Research, and she holds an MBA from Georgia College and a Master of National Security from the National War College. She's also taken leadership courses at Syracuse, Harvard, and Cambridge.