​The White House succumbed to it. Target wasn’t immune. JP Morgan Chase had to deal with it. And the National Institutes of Health faced it, too. With more than 65 million records compromised in data breaches in 2014 alone, the question for bankers, merchants and others isn’t if, but when.

So when the Arditti Center for Risk Management decided to host its first cyberrisk conference, the theme was pretty clear—what can institutions do in the aftermath of a data breach?

“We saw many conferences in this arena that described the threat,” says Thomas Edwalds (pictured above), executive director of the Arditti Center for Risk Management, which is co-sponsoring the event. “But they didn’t provide any actionable solutions. We wanted to provide both sides of the equation.”

The one-day conference, called “After the Breach,” on Dec. 2 is co-hosted by the Arditti Center and DePaul’s College of Computing and Digital Media.

Cyberrisk Spreads Beyond Technology

In the past, digital associations and businesses often would sponsor such a conference, but Edwalds says cybersecurity isn’t relegated to IT directors any more. Increasingly, risk managers in all industries have to become better informed about the cyber threat and how to deal it.

“Health care records sell for considerably more on the open market than credit card information,” Edwalds says. “Security isn’t just a technology problem. All institutions, be they banking, health care or government, have a stake in managing and preventing cyberrisk.”

The conference features a vast array of major players from around the banking, technology, government and corporate world. From the Federal Bureau of Investigations to Fleishman Hillard public relations, the conference promises to showcase an expansive display of case studies that will help risk managers in a variety of fields find solutions to the next data breach problem. It also will feature a live hacking demonstrating by Andrew Hoog of via Forensics.  Hoog will start the conference with a demonstration of phone hacking and discuss the current state of mobile security through the use of statistics.

Nationally Known Cyberrisk Authority to Speak

Headlining is Peter W. Singer, (pictured left) one of the foremost experts on security, including military, cyber and national security. Singer, No. 83 on Foreign Policy Magazine’s top 100 list of global thinkers, penned Cybersecurity and Cyberwar: What Everyone Needs to Know.

“For this conference we’ve taken the attitude that it’s going to happen, now what can you do about it if it does,” says Edwalds. “How do you properly manage the data breach without it crippling your entire operation?”

dwalds says the conference makes an important statement about the center and DePaul’s role in the risk industry. He says the center plans to host more events along these lines, as well as develop a new DePaul graduate program that offers students skills they need to create practical, real-world solutions for 21st century problems in risk management.

“We want the center and DePaul to be known as the hub for all things risk management,” Edwalds says. “That includes cyber, legal, business, market, and systems risk. Our mission and goal is to help risk managers learn what they need to know to do a better job at managing risk for their institutions. This includes managing cyberrisk.”