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ECI Conference to Address Cyber Attacks

Increasing in Frequency, Sophistication, Financial Losses

Written By Rocco Suppa '11, PR Intern

Contact - cleogrande@utica.edu

Utica, NY (09/29/2011) - A new report from the Intelligence and National Security Alliance, a non-partisan national security organization, notes that too often companies and government don’t do enough to address cyber security shortfalls. When faced with cyber attacks, organizations often “patch and pray” and that practice can be disastrous in the ever evolving, more sophisticated cyber world.

And each year, cyber losses are increasing and the growth of economic crime is impacting businesses and individuals’ bottom line.

These issues are the focus for the 22nd annual Economic Crime Conference hosted by Utica College’s Economic Crime Institute (ECI).

This year’s keynote speakers include Keith Prewitt, deputy director of the U.S. Secret Service, and Bradley J. Bondi, partner in the Business Fraud and Complex Litigation practice and Securities Litigation in Washington and New York offices of Cadwalader. Wickersham & Taft, LLP. Both are recognized experts who will focus on the global phenomenon of cyber loss, which accounted for $1 trillion in 2009.

The conference will have two distinct tracks, economic crime and cybersecurity. These tracks will highlight the interdisciplinary nature of the global war on cybercrime.
Also, the risks posed by major events and scenarios will be addressed, including how governments and corporations through prevention, detection, and information, respond to these various risks.

Raymond Philo, executive director of Utica College’s ECI, believes this conference is important for professionals. “The conference provides the opportunity for professionals to network and receive the latest information about various issues relating to both economic and cybercrime,” Philo said.

Utica College, a pioneer in economic and cybercrime education, offers unique programs that combine state-of-the-art practices in intelligence, forensics and fraud management.
The ECI of Utica College supports education and research in economic crime and cybersecurity, providing a reliable resource for innovative solutions to corporate, government and law enforcement entities.

The conference will be held Nov. 2-4 at the William F. Bolger Center in Potomac, Maryland.

For more information or to register for the conference, visit www.utica.edu/eciconference.