Northfield (NFBK) has disclosed a new risk, in the Corporate Activity and Growth category.
Northfield’s Board of Directors, acknowledging the gravity of cybersecurity threats, has instituted a Compliance and Information Technology (CIT) Committee to ensure robust oversight in this domain. This committee engages with an independent external cybersecurity consultant and receives regular updates from the company’s Chief Information Security Officer on potential risks and security breaches. Their Information and Cybersecurity Program, spearheaded by key officers including the Chief Risk Officer, aims to proactively identify and mitigate information security risks. The board’s reliance on both internal and external expertise reflects their commitment to safeguarding against the ever-evolving landscape of cyber threats.
Overall, Wall Street has a Hold consensus rating on NFBK stock based on 2 Holds.
To learn more about Northfield’s risk factors, click here.
