Join Christian Junior as he delivers an extended version of his presentation at the World Council Credit Union Convention in Glasgow, Scotland. This mandatory webinar is designed to educate ALL Credit Union employees on the latest cyber threats, risk assessment, and other cybersecurity principles.
Good cybersecurity strategies can promote customer trust, enhance the reputation of a business and open up new commercial opportunities.
Gain competitive advantage by planning ahead for all possible scenarios to ensure your business can withstand or recover from any cyber attack. Good security can be an enabler for a thriving business: you will be protecting your assets, your reputation, your customers, and your peace of mind.
The world lost $945bn to Cybercrime in 2020. Businesses can save money by adopting an efficient risk management “preventive” approach – plan, implement and review rather than a more expensive “reactive” approach in the aftermath of an attack.
In late August 2021, Envision Credit Union sent a memo out to their customers saying they were “experiencing technical difficulties”. What this memo did not include was the fact that they were in a battle with cyber thieves trying to get a hold of customers’ financial information. In reality, they were the victim of a LockBit 2.0 ransomware attack. Envision serves over 55,000 customers across multiple states and has more than $621 million under management.
It has been reported by CaseyGerry that in June of 2020, an Ardent employee’s email was compromised which gave away customer data. This data, such as names, driver license numbers, and social security numbers are all incredibly value assets on the dark web and are traded at an extremely high rate and price. Ardent has more than 85,000 ATM machines—potentially exposing thousands of their customers or other financial institution customers who were just using their ATMs. This is such a big deal if an ATM’s data was breached because it is not always confined to customers of the ATM operator. Even if your data was breached, Ardent may not even be able to tell you.
While it is not limited to one event, Boeing Employees Credit Union has seen a wave of pandemic-related scams targeting their 1.28 million customers this year. With over $26.8 billion in assets, BECU is one of the nation’s largest credit unions, making it a prime target for social engineering and phishing attacks. BECU has so far been proactive in addressing the thousands of phishing attacks against its members, having sent out multiple correspondences this year informing their members on what to look out for in financial scams. Over the course of the pandemic, pandemic-related financial assistance has been a big topic—a perfect cover in which cyber thieves camouflage their malicious activities. By training their customers on best practices and how to spot phishing attempts, BECU have so far avoided widespread compromise.
Standard: $455 USD per person
(Early Bird offer ends 10th August 2023)
Contact Info:
Email: info@rhicstech.com
Phone: Whats App: +44 7759 301221
Mr. Christian Junior is an award-winning international speaker and trainer who is passionate about human capital development and value creation through technology. He is the Founder & CEO of RHICS, an international Digital Agency headquartered in London, UK. He has over 10 years of practical experience in the Information & Communication Technology industry.
Christian, a double Oxford university certified Digital Marketing & Fintech strategist has consulted for multiple international clientele on various IT projects.
A firm believer in knowledge & skills transfer, Christian, travels around the world educating business leaders on cost-effective IT strategies for achieving excellent customer service, brand awareness, maximum productivity, and profitability. He has trained and influenced over 1,000 business owners across 10 countries in Europe, Africa & The Caribbean.
Christian has led conversations on Credit Union value creation through technology at The World Council of Credit Union & The Caribbean Confederation of Credit Union Conventions.
He was recently featured in the Financial Times 2019 list of UK’s 100 most influential Black, Asian and Minority Ethnic (BAME) leaders in tech.
Rhics is a creative digital agency headquartered in London, UK with branches across 4 continents. We specialize in Digital Strategy, IT Consultancy, Cyber Risk Management, Digital Marketing, Social Media Management, Mobile & Web Application Development, Design & Branding.
We have a proven history of creating online success for global organizations via our suite of services offerings. We help define your goals, create effective strategies, build easy-to-use applications, and design award-winning systems that communicate the desired message.
Our process unites talent & passion with discipline.
We are committed to providing affordable Digital Transformation education to the world.