ALPHARETTA, Ga. (April 25, 2019) – DefenseStorm, a leading cloud-based cybersecurity and cybercompliance management provider to regional and community banks and credit unions, will provide Heritage Trust Federal Credit Union (HTFCU) a strategic technology platform empowering it to co-manage its cyber exposure proactively.
The partnership will equip the 50,000-member Charleston, SC, area credit union to better arm itself against vulnerabilities and attacks made by cybercriminals. Since the DefenseStorm platform is comanaged, HTFCU can rest-assured its members’ accounts are being watched round-the-clock and that staff is alerted of any suspicious activity.
“Cybercriminals are getting smarter, more organized, and constantly finding new methods of attack, so we can never let our guard down,” said Robin Ward, vice president of Information Technology at HTFCU. “We needed a banking-specific cybersecurity partner that would provide full visibility into every account, understand the security and regulatory issues credit unions, such as ours, face, and deliver hands-on service after implementation. We found that partner with DefenseStorm.”
DefenseStorm combines cybersecurity and compliance on one platform, so both are real time and automated together. Further, the built-for-banking platform is easy to install and use, integrates with firewall management platforms, filters out false positives and unnecessary alerts, and can be configured to HTFCU’s needs, which include full-cycle regulatory compliance. The DefenseStorm GRID™ is the only system with Federal Financial Institutions Examiner Council (FFIEC) Cybersecurity Assessment Tool (CAT) and Automated Cybersecurity Examination Tool (ACET) compliance elements built-in, and links policies and real-time alerts so credit unions can demonstrate to regulators that they are secure and compliant with industry requirements and their own policies. In addition, the DefenseStorm solution frees credit union IT staff from the daily task of checking incident logs so they can focus on other digital transformation projects to better serve their customers.
“With nearly 20 million daily cyber events, regional- and community-focused credit unions and banks need a reliable, hands-on partner that understands their desire to mitigate risk and protect every asset, application and entry point,” said Harold Brewer, DefenseStorm CEO. “Through this partnership, we’ll help Heritage Trust Federal ensure regulatory compliance for its $630 million in assets while providing the IT team with security risk data that’s understandable and actionable.”
DefenseStorm provides cybersecurity and cybercompliance solutions specifically built for banking to achieve and maintain Cyber Safety & Soundness. The DefenseStorm GRID™ is the only co-managed, cloud-based and compliance-automated solution of its kind, operating as a technology system and as a service supported by experts in FI security and compliance. It watches everything on a bank or credit union’s network and matches it to defined policies for real time, complete and proactive cyber exposure readiness, keeping security teams smart and executives accountable. FFIEC CAT and ACET requirements are built-in and automated, as can be other frameworks and an FI’s own policies, to achieve Active Compliance™. A Threat Ready Active Compliance (TRAC) Team™ augments a bank or credit union’s internal team to protect business continuity and skills availability while also ensuring cost-effective coverage and management. DefenseStorm is a NAFCU Preferred Partner for cloud cybersecurity.