Episode 20

Why Cybercrime is on the Rise — with James Anderson and Robert Johnston

With hundreds of millions of cyberattacks happening each year, it’s critical for community banks to fortify their cybersecurity operations. While it may be tempting to go after the hottest new cyber protections, it’s important not to forget the basics, says Adlumin Inc.’s CEO, Robert Johnston.

“If you get the blocking and tackling done correctly, 85% of threats you can take off the table,” he says. “Get that right and you will save yourself a lot of pain from just brilliance in the basics.”

It can be daunting to figure out how to best keep your cybersecurity defenses strong, but partnering with a fintech can remove some of the heavy lifting and grant your bank and its customers extra protection and peace of mind.

Johnson and James Anderson, VP, information technology manager of Kitsap Bank in Port Orchard, talk to host Charles Potts about the cyberthreats community banks should look out for and how to prevent and mitigate them.

Independent Banker podcast is sponsored by FIS and this episode is sponsored by Adlumin Inc.

Links

  • The October issue of Independent Banker features tips and guidance on what you need to know about cybersecurity today.

  • Partnering with a fintech can help your community bank optimize its cybersecurity operations and practices. ICBA’s ThinkTECH Accelerator is a great place to start.