Your Cyber Risk Readiness IQ
As fraudsters advance their tactics, you must also advance your techniques for detection and prevention. A strong offense includes systems and technologies that monitor against cyber fraud attack vectors. An offensive stance paired with defensive strategies, such as transaction monitoring, protects you and your customers or members from fraud.
What the survey shows and what you can do with it.
Apples and oranges – It’s critical to use technology designed specifically to stay ahead of evolving fraud threats.
Advances in technology make it possible to identify and stop fraud before it happens, significantly reducing operating expenses and reputational damage.
Clearly, these FIs take fraud seriously enough that when they lack the resources, they call out an outside ally for help.
Take this quick self-evaluation to understand your cyber risk readiness and how you stack up against your financial industry peers.
The outcome will help you identify areas where you are strong or where you have vulnerabilities or gaps and provide tangible recommendations for improving your cyber risk maturity.
In late 2022, DefenseStorm surveyed information security and IT professionals across the US. The goal was to benchmark the progress that companies are making against five components of effective cyber risk management. Based on their survey responses, respondents were grouped into four maturity levels:
Webinars & Videos
DefenseStorm CyberFraud Overview Video
Adam Barrett details how DefenseStorm can help companies overcome cybersecurity challenges and defend against new waves of cyberfraud.
Let us introduce you to DefenseStorm CyberFraud! Our newest solution is the only fraud defense built for banking and tightly integrated with the DefenseStorm GRID to deliver complete Cyber Safety and Soundness.
With a new line of business on the horizon – checking accounts with debit cards – Live Oak Bank determined it was time to get ahead of fraud and turned to DefenseStorm to implement our “built for banking” CyberFraud solution.