Pub. 8 2019-2020 Issue 6

4 THE COMMUNITY BANKER QUART E R 4 2 0 2 0 ©2020 Community Bankers of West Virginia | The newsLINKGroup, LLC. All rights reserved. The Community Banker is published two times each year by The newsLINKGroup, LLC for Community Bankers of West Virginia and is the official publication for this association. The information contained in this publication is intended to provide general information for review, consideration and education. The contents do not constitute legal advice and should not be relied on as such. If you need legal advice or assistance, it is strongly recommended that you contact an attorney as to your circumstances. The statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of Community Bankers of West Virginia, its board of directors, or the publisher. Likewise, the appearance of advertisements within this publication does not constitute an endorsement or recommendation of any product or service advertised. The Community Banker is a collective work, and as such, some articles are submitted by authors who are independent of the Community Bankers of West Virginia. While the Community Bankers of West Virginia encourages a first print policy, in cases where this is not possible, every effort has been made to comply with any known reprint guidelines or restrictions. Content may not be reproduced or reprinted without prior written permission. For further information, please contact the publisher at 855.747.4003. 6 Flourish 8 Navigating the Pandemic — Where to From Here 12 Randsomware Attacks and OFAC-Related Risks to Financial Institutions 14 From the Top 16 Three Key Liquidity Risk Management Reminders 18 Things You Never Thought You’d Say: COVID has Created a Lot of First-Ever Conversations 20 Internet of Things (IoT) Senate Passes IoT Cybersecurity Improvement Act of 2020 22 Community Bankers Recognized CONTENTS Table of 8