Cybersecurity Series E25: The Front Line of Financial Cybersecurity with U.S. Bank's Paul Collins

About this episode

Today's guest is Paul Collins, Regional Information Security Officer, Europe at U.S. Bank. Founded in 1863, U.S. Bank is one of the largest commercial banks in the United States, providing a broad range of financial services to individuals, businesses and organizations. With a strong focus on innovation, digital banking, payments and customer experience, U.S. Bank serves millions of customers across the U.S. and internationally, including through its global payments business, Elavon.Paul is an experienced Information Security leader with over 35 years in IT and cybersecurity, including more than 20 years in CISO and senior security roles within international financial services. He has worked closely with financial regulators and industry bodies across Europe and the U.S. Currently part of the U.S. Bank Information Security Services leadership team, Paul is responsible for information security across all U.S. Bank business lines in Europe. He is passionate about cybersecurity, collaboration and knowledge sharing.In the episode, Paul talks about:

0:00 His 35 year journey of tech evolution and cybersecurity insights

2:56 How curiosity drove his cybersecurity career as internet security evolved

4:09 His role at U.S. Bank Europe within payments security and operations

5:11 Seeing financial cyber threats focus on money, ransomware, suppliers and regulation

7:30 Underestimating supplier risk in banking cybersecurity

8:46 How AI is accelerating cyber attacks and lowering the barrier for threat actors

11:24 The need for training, vigilance and realistic phishing awareness

14:03 How organized cybercrime forces security to balance friction and experience

16:38 Global security leadership relies on daily collaboration and communication

19:38 Cyber careers need experience, internships and practical skills over certifications