CASE STUDY
Great Lakes Credit Union (GLCU), located in Bannockburn, Illinois, manages $1.4 billion in assets, serves 111,090 members, and employs approximately 231 people. The GLCU fraud team struggled to keep pace with rapidly evolving tactics and faced increasing exposure to sophisticated fraud rings exploiting weaknesses in member-to-member transfers, P2P payments, and ACH channels.
“We had a targeted fraud ring that was attempting member-to-member transfers over our set limit. We detected that through DefenseStorm, and so by setting a dollar threshold, we were able to be alerted very quickly and made some internal changes to prevent it going forward.”
Diana Byers
VP of Enterprise Risk Management
Great Lakes Credit Union
First Financial Bank, headquartered in Abilene, Texas, oversees approximately $14 billion in assets and employs over 1,400 staff across 83 offices. First Financial faced multiple challenges, including inefficient incident monitoring and response, disjointed cybersecurity solutions that led to time-consuming processes, and difficulties in navigating multiple systems to retrieve information during incidents. The bank sought a cyber risk management solution to streamline their ability to manage, monitor, and mitigate cyber events.
Citizens National Bank of Texas, headquartered in Waxahachie, manages more than $1.9 billion in assets with a staff of 159 employees. The bank struggled with limited internal cybersecurity expertise, which left it vulnerable to threats. It needed improved detection, monitoring, and reporting capabilities to reduce risks and enhance visibility across its digital environment.
Prevail Bank, located in Medford, Wisconsin, operates with $970 million in assets and 121 employees. The bank’s existing Security Information and Event Management (SIEM) solution offered limited log coverage and visibility, hindering its ability to monitor systems effectively and respond quickly to potential threats.
