TOPIC: Cybersecurity

FS-Isac

Employee at a bank ($253MUSA)
We use FS-Isac for cyber security, threat, and incident alerts. Currently, we have a half-of-system for dealing with the mass of information it puts out and cleaning out the CSV file that takes FOREVER since they provide information on everything whether we use it or not. 

Does anyone have a more efficient / effective way of using this?

The R-word: Ransomware

It’s always in the back of your mind.  In 2021, it is on the news almost weekly.  It’s no surprise there is a 185% jump in attacks in the first half of this year, as compared to the first half of 2020.  

At 10-D, we feel it, too.  In an effort to help the community, we’ve developed a video, Ransomware: What you Need to Know ( https://vimeo.com/592302507/be8979ca10).  This video will shed light on how ransomware works, what happens when attacked, steps to take to help prevent an attack, and key things to consider prior to an attack so your organization is prepared.  We developed this with financial institutions and their business banking customers in mind to provide insight into preparation and prevention of these types of attacks.

Please feel free to share this video with others.  If you have questions after the video, please email our sister company, AppliedCS, info@appliedcs.com.   AppliedCS has a Ransomware Preparation Program and is more than happy to answer your questions.

Blog | FinCEN AML/CTF Priorities: Implications for Community Financial Institutions

FinCEN published its first list of priorities for anti-money laundering and countering the financing of terrorism (AML/CTF) policy (Priorities), as required by the Anti-Money Laundering Act of 2020 (AMLA). The FinCEN priorities somewhat mirror the Financial Action Task Force (FATF)  expanded guidance in several critical areas of AML/CFT global concerns, also released on June 30, 2021. FATF is the global watchdog for AML/CFT activity, and it is important to note that the United States shows full support in global efforts by their recent priorities release. The eight Priorities, in no specific order, are as follows:
These Priorities hold no surprises, as most have been addressed in numerous FinCEN advisories. We've recently introduced a series of blogs that break down the priorities and how they impact your financial institution.

Read the blog. 

IT Staff Augmentation

Are you keeping up on IT and Information Security work?  Great!  What if business is growing, and you’re starting to think “We are working a little too much to keep everything operational, and some things are slipping through the cracks.”  More food for thought: What would happen if management came in and said, “We bought a bank (or other business) and we need to get them on our systems ASAP.” This week’s blog post covers operating IT departments through growth and offers some good recommendations, and several things to consider.