Cyberattacks

David LaFalce Joins Business Resilience Council as Chairman

The Business Resilience Council (BRC) is pleased to announce that David LaFalce, Global Head of Operational Resilience at Wells Fargo, has joined the community as its new chairman.

As chairman, David will help lead the nonprofit group as it continues its multi-sector growth and mission to ensure operational resilience in the face of systemic threats.

BRC members work together and with staff analysts to share information and cooperate in the face of significant incidents, threats and vulnerabilities that impact business operations of critical infrastructure and supporting sectors. The BRC provides members with business continuity, disaster response, and resilience information and best practices on security issues such as major weather events, pandemics, systemic cyber-attacks, geopolitical threats, civil unrest and terrorism.

David brings deep experience of business resilience to the BRC. At Wells Fargo, he is responsible for ensuring robust plans are in place to deliver essential services when faced with severe but plausible scenarios such as extreme cyber-attacks, IT system outages or third-party supplier failure. Prior to Wells Fargo, David was the Managing Director and the Global Head of Security and Business Continuity at DTCC and the Chief Security Officer at The Clearing House Payments Company.

In his volunteer work, LaFalce has been an elected member of the Board of Directors, Business Resilience Committee Executive Advisory Group, and is a Threat Intelligence Committee Member of the Financial Services Information Sharing and Analysis Center (FS-ISAC). He has also served on the Executive Committee, Cyber Security Steering Committee, Business Resilience Committee, and the Supply Chain Work Group for the Financial Service Sector Coordinating Committee (FSSCC).

LaFalce will take the helm of the BRC at a pivotal point in its history. The community is home to the newly launched Operational Resilience Framework, a set of rules and implementation aids that support a company’s recovery of immutable data, while also – and uniquely– allowing it to minimize service disruptions in the face of destructive attacks and events.

Also just released is the BRC’s new Third-Party Security Connection that helps align technology vendors and BRC members during cybersecurity incidents to facilitate clear and urgent dialogue.

For more information on the BRC, including how to become a member, visit: https://www.grf.org/brc

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