CYBER SECURITY NEWS

LEVERAGE Announces Strategic Partnership with DefenseStorm to Enhance Cyber Risk Management for Credit Unions

LEVERAGE, the trusted service corporation for The League of Credit Unions & Affiliates, is pleased to announce a strategic partnership with DefenseStorm, a leading provider of cybersecurity risk management solutions designed specifically for financial institutions. This collaboration will enable credit unions to strengthen their cybersecurity frameworks and improve their ability to manage and mitigate cyber risks.

DefenseStorm and Allure Security Partner to Deliver Full-Cycle Fraud Prevention

DefenseStorm and Allure Security announce their new partnership, which delivers full-cycle fraud prevention specifically to financial institutions. The resulting combination of AI-powered capabilities will enhance a bank or credit union’s cyber risk readiness through a full-cycle approach that prevents fraud before consumer data is compromised, a brand is damaged, or money is moved.

Banking Visionary Chip Mahan Joins DefenseStorm Board of Directors

DefenseStorm, the leading provider of cyber risk management solutions and co-managed services exclusively to financial institutions, is proud to announce that James S. “Chip” Mahan III joined its Board of Directors in May. A proven visionary who has led successful change in the financial services industry for years, Mahan values DefenseStorm’s unique built for banking approach to cyber risk management for financial institutions.

Former NCUA Chairman Rodney Hood Joins DefenseStorm Board of Directors

DefenseStorm, the leading provider of cyber risk management solutions and co-managed services exclusively to financial institutions, is proud to announce that Rodney Hood joined its Board of Directors in May.

Btech Consortium Fund Invests in DefenseStorm to Protect Community Banks

DefenseStorm, the leading provider of cyber risk management solutions and co-managed services to financial institutions, recently completed a Series C-1 raise. The round was led by a number of existing investor partners, including Georgian, Curql, and Live Oak Ventures. Joining the round is new investor the Btech Consortium Fund, a group of community banks leveraging technology to better serve their customers.

DefenseStorm Announces Integration With Q2’s Digital Banking Platform

Financial Institutions can now provide Account Holder Fraud Prevention to customers through Q2’s Digital Banking Platform.

DefenseStorm Announces Leadership Transition: William Wetherill Appointed as Chief Information Security Officer (CISO)

DefenseStorm, a leading provider of the only built for banking integrated platform of cyber risk assessment, governance, security, and fraud solutions to community and regional banks and credit unions, today announced a leadership transition. After 9 years of dedicated service, Robert Thibodeaux, the company’s esteemed Chief Information Security Officer (CISO), will retire, and in his place, DefenseStorm proudly welcomes William Wetherill as the new CISO, effective January 1st, 2023.

NAFCU Services Announces 2023 Innovation Award Winners

We are excited to announce that DefenseStorm has been awarded the Services Innovation Award at the NAFCU (National Association of Federally-Insured Credit Unions) Lending Conference for our Fraud Fusion Center.  We thank NAFCU for acknowledging our hard work and dedication with this prestigious award.

Apiture Provides Real-Time Fraud Protection for Financial Institutions through Partnership with DefenseStorm

New capability prevents losses and protects account holders by stopping fraud before funds leave the financial institution

Integrated with the Apiture Digital Banking Platform, the DefenseStorm’s Account Holder Fraud Prevention solution protects financial institutions and their account holders by providing continuous monitoring and real-time alerts to identify fraud before funds leave the financial institution.

NAFCU Services Blog: Cyber Threat Intelligence: The Key to Threat Surveillance

Am I safe? It seems like a simple question; however, this question really asks, “Am I at risk of suffering a successful cyber attack?” If you are familiar with risk treatments, then you know there is rarely a straightforward yes or no answer, making this a much more complex question.  So, how do we prepare for these challenging attacks?

DefenseStorm Named as Inc. 5000 Fastest-Growing Private Company with 214% Growth Rate

DefenseStorm, a leader in the cybersecurity sector serving regional and community banks and credit unions with an integrated platform of cyber risk assessment, governance, security, and fraud solutions, was recognized as one of INC 5000 fastest-growing private companies. 

ABA Banking Journal: Keeping bankers smart on cybersecurity

Steve Soukup, DefenseStorm CEO, discusses how reinforcing employee cyber risk awareness is as critical to the maturity of your program as the products in your cyber tool set.

Community Bankers Association: Cyber Risk: Are Your Complacent or Proactive

At DefenseStorm we encourage financial institutions to change their way of approaching risk management with a fresh perspective, putting readiness at the forefront. DefenseStorm CEO Steve Soukup walks through how to take your cybersecurity from reactive to proactive.

ABA Banking Journal: Enabling cybersecurity success through governance and risk management

DefenseStorm CEO, Steve Soukup, discusses how to through collaborative communication, an engaged board and leadership team can ask the right questions and identify potential areas of undue exposure or control gaps.

Community Bankers Association of Georgia: The Cost of Cyberattacks

How much should you spend in cybersecurity? DefenseStorm CEO Steve Soukup provides guidance on how to create a strategic plan designed to address your bank’s cyber risk needs and maximize the value of your budget.

DefenseStorm appoints Keith Joseph as Senior Vice President of Sales

DefenseStorm welcomes Keith Joseph as Senior Vice President of Sales.

ABA Banking Journal: Cybersecurity: What threat-ready really means for banks

DefenseStorm CEO, Steve Soukup, covers the necessity for continuous risk assessment triggers the need for appropriate resources to meet the demands of new and emerging threats.

Security Magazine: Addressing the Cybersecurity Staffing Shortage

DefenseStorm CEO Steve Soukup explains how recruiting people from different backgrounds and providing pathways for career growth can help attract and retain qualified cybersecurity professionals.

DefenseStorm Welcomes Matt Edwards as Chief Customer Officer

DefenseStorm, the industry leader in providing cyber risk management, including risk assessment, governance, security, and fraud solutions, for regional and community banks and credit unions, has appointed Matt Edwards as Chief Customer Officer (CCO).

DefenseStorm Named Inc. 5000 Fastest-Growing Private Company with 251% Growth Rate

Additional industry recognition and customer loyalty scores reinforce company momentum.

DefenseStorm Secures $15M in New Financing Round, Including $5M from Community and Mid-Size Bank Venture Fund JAM FINTOP

Commitment reinforces DefenseStorm’s Unique Built for Banking Approach to Cyber Risk Management.

DefenseStorm GRID Platform Selected as an SC Media Trust Award Finalist

The DefenseStorm GRID platform has been recognized as a Trust Award finalist in the Best SIEM Solution category for the 2022 SC Awards.

DefenseStorm Named as a Fastest-Growing Private Company in Atlanta

The Atlanta Business Chronicle distinguishes DefenseStorm as a Pacesetter Award winner for the third year in a row.

DefenseStorm CEO Named a Georgia Titan 100

DefenseStorm CEO Steve Soukup recognized as one of Atlanta-area’s highest-achieving C-level executives.

DefenseStorm Named a Winner of the Atlanta Journal-Constitution’s Metro Atlanta Top Workplaces of 2022 Award

DefenseStorm, a leading cloud-based cybersecurity, cyberfraud and cybercompliance management provider to regional and community banks and credit unions, has been named a Top Workplace 2022 by the Atlanta Journal-Constitution.

Hypepotamus: Behind Atlanta’s Growth as a Cybersecurity Hub

DefenseStorm, a rapidly-growing Alpharetta startup working with banks in the cloud-based cybersecurity, cyber compliance, and cyber fraud space, has scaled quickly over the last year as well, including a $12 million Series B in November 2020 and a $5 million venture round this November.

DefenseStorm Named 2021 PRSA Georgia Best of Phoenix Award Winner

Cybersecurity provider takes home three awards at annual chapter celebration.

DefenseStorm Secures New $5M in Financing Round and Smashes its Own Records Heading into Fourth Quarter

Announcement of funding from Curql Collective and signing of 100th customer signals continued momentum for cybersecurity provider.

The Software Report: The Top 25 Women Leaders in Cybersecurity of 2021

The Software Report is pleased to announce The Top 25 Women Leaders in Cybersecurity of 2021. In all industries, cybersecurity is of critical importance.

BAI Banking Strategies: Minding the (Skills) Gap for Cybersecurity Talent

DefenseStorm Vice President of Emerging Technology at DefenseStorm provides his perspective on the gap for cybersecurity talent.