Press
— Communiqés
Oct 26, 2017
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Min Read
New Video Showcases How Financial Institutions Work with Government Agencies to Remediate Phishing Cyber Attack
Valuable information and tips for multiple audiences including consumers, information security professionals, government and financial services shared
WASHINGTON, D.C. – A short video was released today as part of National Cyber Security Awareness Month (NCSAM) to illustrate how the financial services sector is prepared to respond to a significant cyber event. The Financial Sector Cyber Security Video takes the audience through a simulated cyberattack from initial compromise to incident response.
“Ultimately, we want to show a behind-the-scenes look at how our financial institutions, in partnership with public and private sectors, use established incident response protocols and business continuity planning to stop a potential cyber-attack,” said Rich Baich, chief information security officer, Wells Fargo.
The video, produced Maestro Filmworks, highlights a hypothetical cyberattack occurring through phishing. After hackers enter a financial institution’s network, they begin to probe for weaknesses and exploit them. The security operations team discovers the breach, and the incident response teams collaborate ‒ across sectors ‒ to quickly stop the attack and bring the attackers to justice.
“Several agencies helped create this video to ensure we captured the essence of what a real cyberattack looks like. The video is a great tool in helping educate both policy makers and consumers about how the sector works to combat cyber risk as well as sharing valuable resources to help avoid becoming a victim of phishing attacks,” said Baich.
The video is being shared across the industry including financial institutions, government agencies and through the U.S. Department of Homeland Security (DHS).
About the National Cyber Security Alliance (NCSA)
NCSA is the nation’s leading nonprofit public-private partnership promoting the safe and secure use of the internet and digital privacy. Through collaboration with the government, corporate, nonprofit and academic sectors, NCSA’s mission is to educate and empower digital citizens to use the internet securely and safely, protect themselves and the technology they use and safeguard the digital assets we share. NCSA leads initiatives for STOP. THINK. CONNECT.™, a global online safety and awareness campaign; Data Privacy Day (Jan. 28) and National Cyber Security Awareness Month (October). To learn more visit stagestaysafe.wpengine.com.
About NCSAM
NCSAM was created as a collaborative effort between government and industry to ensure every American has the resources they need to stay safer and more secure online. Now in its 14th year, NCSAM was co-founded and is co-led by DHS and NCSA, the nation’s leading nonprofit public-private partnership promoting the safe and secure use of the internet and digital privacy. Recognized annually in October, NCSAM involves the participation of a multitude of industry leaders ‒ mobilizing individuals, small and medium-sized businesses, nonprofits, academia, multinational corporations and governments. Encouraging digital citizens around the globe to STOP. THINK. CONNECT.™, NCSAM is harnessing the collective impact of its programs and resources to increase awareness about today’s ever-evolving cybersecurity landscape. Visit the NCSA media room for more information and resources. Media Contact:
Jessica Beffa
720-413-4938