Market Overview

Forcht Bank Partners with Department of Homeland Security (DHS) to Identify and Fight Cyber Threats


Forcht Bank has been selected by the U.S. Department of Homeland
Security (DHS) to participate in the CART (Cyber Apex Review Team)
program. The mission of this DHS program is to work closely with
regional and national financial institutions to identify and analyze
cyber threats and concerns.

"Cyber threats against internal systems and data integrity are becoming
one of the primary concerns facing the financial industry today," said
Chip Clements, Executive Vice President at Forcht Bank. "We're honored
to work with the Department of Homeland Security on finding ways to
identify and mitigate cyber threats. This partnership will allow Forcht
Bank to be on the cutting edge of cyber security - which ultimately
protects our clients' personal and financial data."

Once cyber threats are identified through the CART program, DHS will
work to find solutions to effectively mitigate the threat and determine
if the solution can be rolled out to all financial institutions and
organizations. Other financial institutions participating in the CART
program are American Express, Bank of America, Wells Fargo, and more.

Founded by Terry Forcht, one of Kentucky's leading entrepreneurs, Forcht
Bank operates 25 banking centers in 12 counties including Fayette,
Jefferson, Boone, Grant, Madison, Taylor, Pulaski, Laurel, Whitley,
Knox, McCreary and Green counties. It has total assets of approximately
$1 billion.

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