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Walker and Carothers Quoted in American Banker Article on Cybersecurity in Community Banks

Media

August 13, 2026
|
Jackson

Tom Walker and Rob Carothers, partners on the firm's Banking & Financial Services Industry Team, were quoted in "New York puts bank boards on the hook for vendor tech," published by American Banker on August 13, 2026. Tom and Rob used findings from the 2024 Community and Mid-Size Banks Cybersecurity Survey to highlight the current state of banks and cybersecurity risk in response to the New York State Department of Financial Services' recent letter notifying bank boards that they are responsible for vendor technology. Tom emphasized that a bank's ability to audit its vendors comes down to its contracts with third-party vendors, and community banks should spend more time during negotiations to include audit capabilities into these contracts.

Related Professionals
  • name
    Robert L. Carothers, Jr.
    title
    Partner
    phones
    D: 251.439.7522
    email
    Emailrcarothers@joneswalker.com
  • name
    Thomas E. Walker, Jr.
    title
    Partner
    phones
    D: 601.949.4631
    email
    Emailtwalker@joneswalker.com

Related Practices

  • Banking & Financial Services

Related Industries

  • Banking & Financial Services Industry
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