Richard Parry

Principal, Parry Advisory; former Risk Management Executive, JPMorgan Chase

Parry is a career risk manager, with experience that spans the globe for international financial institutions such as Visa, Citigroup and JPMorgan Chase. Parry's expertise includes executive roles in fraud operations, fraud policy and oversight, customer authentication and identity management. After his tenure with Chase, Parry co-founded Turnkey Risk Solutions, an identity risk management company specializing in identifying synthetic identities and first-party fraud. Most recently, he created Parry Advisory, an advisory firm focused on identity risk and cybersecurity thought leadership.

Equifax Breach: Long-term Implications. What Does It Mean for Us?

Presented by Peter Beardmore , Art Coviello , Joan Goodchild , Richard Parry • August 17, 2017

Will the Equifax breach be a game changer, or just another big-name security mishap that slowly fades away out of collective memory? Does this massive breach have the potential to be the incident that leads to sweeping regulatory changes, when it comes to credit bureaus and data collectors like Equifax? If so, what...

Deception Technology: When It Works, It Works. But What about When It Goes Wrong?

Presented by Tom Kellermann , Richard Parry , Dr. Christopher Pierson • April 28, 2017

Deception is the most successful strategy in military history. Just as armies used deceit to conquer continents, cyber-deception is being used by more and more organizations to exploit a hacker's greatest weakness - being a human, after all, behind a keyboard. Deception techniques such as honeypots are not a new. But...

Deception Technology: When It Works, It Works. But What about When It Goes Wrong?

Presented by Elvis Chan , Richard Parry , Michael Zweiback • March 27, 2017

Blockchain Tech: We Could Learn a Cybersecurity Thing or Two from Bitcoin

Presented by Richard Parry , Steven W. Teppler • March 27, 2017

Although developed as a core technology underlying the infamous bitcoin, the blockchain ledger mechanism is proving to have a multitude of potential use cases, from IoT micropayments to capital market trading, retail banking and even voting. The bitcoin blockchain is, in effect, a distributed ledger, shared with...

Identity and Trust Verification: Avoiding Long-Term Regret with Distributed Ledger Technology

Presented by Richard Parry • September 9, 2016

Distributed ledger technology, such as the blockchain, promises simplicity, speed and greater transparency in transactions that are conducted across the world, in payments and beyond. But what about the risks? How much do we truly understand about this emerging technology, and have we placed fintech on a pedestal too...

Toronto Summit - Closing Panel and Look Ahead

Presented by Tracy Kitten , Richard Parry , Randy Sabett , Robert Schwentker , Michael Theis • September 9, 2016

This panel will review some of the key themes discussed during the first day of the summit, and foreshadow how those key themes and others will be carried over into the next day. Which sessions will be hot, and how will tomorrow's speakers expand on the topics raised today?Additional Summit Insight:Hear from more...

Panel: Data Breach Outlook: Tracking the Next, Seemingly Inevitable Attack

Presented by Larry Clinton , Ben Knieff , Richard Parry • August 4, 2016

It's a boom time for cybercrime and cyber-espionage, aided by at least two factors. First, many organizations' websites and databases sport well-known technical weaknesses, while employees remain all to susceptible to low-cost social-engineering attacks. Second, attackers can pummel these technical and human targets...

The Vulnerability of Systems: The Importance of Infrastructure and Changing the Conversation

Presented by Richard Parry • July 11, 2016

There has been an alarming uptick in the cycle of headlines about cyber security events: from malware, ransomware, the SWIFT attacks, the DAO hack, yet more data breaches - each one worse than the last. This plethora of bad news has dulled the public's sense into one of resignation that nothing can, or will be done....

Panel: Faster Payments and Risk: The Security Challenge Discussion

Presented by Marianne Crowe , Richard Parry • July 11, 2016

While the advent of faster payments - not just for bank-to-bank but also for end-to-end consumer and commercial payments - promises a vast improvement in convenience, it also introduces more risk. In this discussion between our panelists and the audience, we'll talk about the latest technologies and the types of fraud...

Learning from the Aftermath: Risk Management in the Post-SWIFT Environment

Presented by Richard Parry • June 28, 2016

The righteous indignation about the fraudulent SWIFT transactions of the past month or two is entirely understandable, entirely unproductive, and potentially destructively distracting. The case points out the importance of SWIFT understanding its own role in international payments and the need for the member banks to...

Fraud & Breach Prevention Panel: Where Do We Go From Here?

Presented by Richard Parry , David Pollino , Richard T. Rushing • June 28, 2016

Cybersecurity horror stories are a steady drumbeat in the news today. There are many fraud detection, risk mitigation and breach prevention challenges keeping Infosec professionals up at night: rising ransomware demands; serious and expensive breaches at a wide range of organizations and the news of the SWIFT-related...

Understanding the Identity Risks You Experience, Not the Risks You Perceive - Identity Theft and Synthetic Identity

Presented by Tom Field , Richard Parry • September 10, 2014

Identity theft - or impersonation - is a well-established form of identity risk but first party fraud, and synthetic identities in particular are fast growing and insidious threats that bring with them economic loss for financial institutions, as well as risks of regulatory censure when synthetic identities pass Know...

Identity Theft vs. Identity Fraud

Presented by Richard Parry , Mark Pulido • May 13, 2014

Fraud Summit - Chicago 2014 - Identity fraud and the creation of synthetic identities often result from identity theft, but the strategies organizations follow to prevent ID theft and ID fraud are very different. Register for this session to learn: How the industry defines ID fraud and ID theft; Why banking...