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Audit committee requests cybersecurity update and reviews bank-account signatory procedures
Summary
Committee members asked for a cybersecurity briefing (potentially in executive session) for town and school systems and discussed bank-account signatory controls following bank consolidation; the committee proposed a joint session with the board of finance and a June meeting item on account-opening and signatory policies.
A committee member asked that town and school officials provide an update on cybersecurity at a future audit committee meeting, suggesting a joint session with the Board of Finance and noting that certain operational details may need to be discussed in executive session.
The request followed committee discussion about ransomware incidents in Connecticut and an assertion that the town had…
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