A few years ago, a laptop containing encrypted information was stolen from the apartment of an employee at Canandaigua National Bank & Trust, creating a potentially large breach of sensitive customer information.
When Canandaigua management heard about the theft, the company’s 14-member security team conducted a breach assessment and came up with a disaster recovery plan. But the company soon realized it didn’t have the in-house expertise to thwart a data security breach. “Frankly, we were a bit out of our league,” is how Steve Martin, senior vice president of corporate communications at Canandaigua, put it during a recent Webcast.
Canandaigua ...