Spencer Fane attorney Shelli Clarkston was featured on Episode 123 of Banking Matters, where she discussed cybersecurity challenges facing financial institutions and strategies for managing evolving compliance risks.
In the episode, Shelli discusses the ever-changing cybersecurity landscape for financial institutions and the challenges banks face in managing regulatory compliance and cyber risks. She highlights the importance of integrating compliance considerations into product development, strengthening fintech partnerships, and maintaining effective incident response plans. Shelli also shares practical guidance to help banks prepare for potential cybersecurity incidents and better protect their operations.
“One of the biggest risks I’m seeing, which has probably been the case for the last three years, is losses for banks stemming from a business email compromise,” Shelli said.
At the firm, Shelli focuses her practice on regulatory compliance, corporate governance, and strategic transactions for clients in the financial services, fintech, and technology sectors. Her work combines deep knowledge of the evolving regulatory landscape with practical experience advising banks, credit unions, lenders, and technology companies on structuring compliant, forward-looking business operations.
Listen to Shelli’s full podcast episode here.