Feb 27, 2024
Thank you for joining us for another episode of the CU Lab. I’m Randy Salser, President of NAFCU Services, and today I am sitting down with Elizabeth Houser, Director of Cyber Defense at DefenseStorm, and James Bruhl, Director of Cyber Threat Intelligence at DefenseStorm.
The recent bank run at Silicon Valley Bank has clearly shown how dangerous false information can be, proving that financial panics aren't just things of the past like we see in old movies or history books. Social media's ability to spread rumors and fear quickly played a big role in this panic, as social media posts about the bank's health fueled a bank run. The event underscores a broader concern, especially in an election year, where the blend of social media's influence and the sophisticated tactics of social engineering and scams pose a significant threat.
Cybersecurity experts are increasingly alarmed at how these platforms can be exploited to fuel not just financial instability but also to undermine democratic processes and public trust, emphasizing the need for everyone to be careful and well-informed online.
Join DefenseStorm experts Elizabeth Houser, Director of Cyber Defense, and James Bruhl, Director of Cyber Threat Intelligence for an informative session to explore:
The role of media and social media platforms in spreading and sensationalizing false information, the threat of social engineering and scams perpetuated by media platforms, the importance of cybersecurity awareness and vigilance to protect yourself and your members from social engineering threats, and how to educate and foster awareness with your employees and members to combat the impact of false narratives and encourage critical evaluation of online information.