MSFERM


These are ‘Best of Times, Worst of Times’ for Risk Managers

Thomas Sullivan '00 MBA
Thomas Sullivan ’00 MBA

When a major retailer had a security breach, and consumer information was compromised, it created a ripple effect at Stamford-based First County Bank.

First County Bank customers inundated their local branches seeking new debit cards, and many wanted replacements right away. The bank is able to produce about 1,000 new cards a day in-house, but has to contract out for bigger projects, said John Bonora, senior vice president and chief risk officer at the bank, and a 2011 graduate of UConn’s MSFRM program.Continue Reading