Credit unions are major targets for cyber attackers, who can compromise an institution’s basic functionality and customer relationships while disguising their activities as normal transactions. Management needs to understand the array and scope of threats faced and the impact that an attack could have. Moreover, there should be security monitoring systems in place to identify intrusions from common attack methods like phishing, exploitation of web vulnerabilities and ransomware, among others. IT security teams need to have the right tools in place to detect and respond to these attacks immediately, as well as to mitigate cyber risks.
In this one-hour LIVE Webcast, Jim Hansen with AlienVault will discuss the essentials of dealing with security threats and delineate best practices that can save a credit union's reputation. He will also discuss the National Credit Union Administration’s enhanced cybersecurity assessment and the Federal Financial Institutions Examination Council’s cybersecurity guidelines.
Key topics include:
- Overview of the most common attacks experienced by credit unions and regional banks
- Additional security considerations stemming from compliance requirements
- Practical guidance for prevention, detection and response to the top 3 threats
- An overview of the tools needed for effective threat detection and response