On Demand - Moving Beyond the Checkbox: Getting Proactive About Credit Union Risk Management

In this webinar, you will learn:

• What unique challenges and regulatory requirements credit unions face

• How to move from a reactive to proactive risk management strategy

• Why resource-strapped credit unions choose Blumira for 24/7 threat monitoring and automated response

More than 139 million Americans rely on the credit union system, according to a June 2024 report by the National Credit Union Association (NCUA)*. To help reduce the tempting target this presents to attackers, NCUA drafted cybersecurity standards for member institutions in 2023, including a new requirement for federally-insured credit unions to report any potential security incident within 72 hours. In just the first 8 months after this change, almost 900 incidents were reported. With nearly endless sources of advice and guidance to review, how can the teams securing these organizations identify their top priorities to stay safe?

Rather than checking the box one requirement at a time, building a successful strategy depends on an integrated approach. Compliance requirements need to be paired with risk management best practices from assessment and monitoring to incident response.

Join Jim Goldman, CEO and co-founder of Trava Security and Matt Warner, CTO at Blumira for a practical discussion on how credit unions can proactively defend their environments and help keep their members safe.

 

Jim Goldman is Trava Security's CEO and co-founder. He partners with organizations to make custom solutions for their cybersecurity compliance needs. An acclaimed author and speaker, he's an expert in IOT, data communications, firewalls, etc. Former Purdue professor and department head, he initiated pioneering programs and the Purdue Malware research lab. Jim aided the FBI and trust organizations. He started as CISO at Exact Target. He then scaled this role globally at Salesforce.

Matthew Warner is Chief Technology Officer (CTO) and co-founder of Blumira. Matt brings nearly two decades of IT and cybersecurity experience to his leadership position, and a genuine passion for cybersecurity education. Matthew is passionate about helping SMBs, which are often most vulnerable to cyberattacks, improve their security maturity with thoughtful and intentional changes. In 2022, the Globee Cybersecurity Global Excellence Awards program recognized Matthew as CTO of the Year for his leadership and innovative problem-solving, as well as his credible research on Log4j vulnerabilities and notable contributions to Blumira’s 2022 State of Threat Detection and Response Report. Matthew’s dedication to Blumira is as long-lasting as the hedgehog tattoo etched on his leg.

* Cybersecurity and Credit Union System Resilience Report, June 2024: https://ncua.gov/files/publications/regulation-supervision/cybersecurity-credit-union-system-resilience-2024.pdf