How to Protect Yourself from Ransomware on a Credit Union Budget

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Presented by

Tessa Mishoe, Senior MDR Analyst, LogicHub & Willy Leichter, CMO, LogicHub

About this talk

An increasing number of credit unions have fallen victim to costly ransomware attacks. Simple in concept and easy to perpetrate, ransomware shows no signs of slowing down. Ransomware operators can name their price, and most of the time, victims will pay to restore their data. There are both immediate and long-term costs from a ransomware attack. Client relationships can be damaged or broken, sensitive data may be permanently lost, and after a successful breach, an organization becomes a permanent repeat target for attackers. All financial institutions should assume an imminent attack and prepare accordingly. But how to do that with the limited resources and tight budgets typical of a credit union? By understanding how ransomware works from a technical standpoint, security operators can leverage superior technology to achieve enterprise-level detection and response with limited resources. In this webinar, security experts from LogicHub will detail how to: • Implement AI-driven and automated detection and response • Leverage contextualized data for effective defense • Prepare your organization for an attack • Build a strategy to protect your organization from becoming a victim
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