DefenseStorm is a uniquely specialized cybersecurity, cyberfraud, and cybercompliance company built for banking

DefenseStorm is a uniquely specialized cybersecurity, cyberfraud and cybercompliance company built for banking. They help financial institutions achieve real time cyber safety and soundness through the only co-managed, cloud-based and compliance-automated solution of its kind – delivered as both a technology system and a service supported by experts in financial institution security and compliance.

DefenseStorm unifies detection, investigation, resolution, reporting and compliance into a single system of record to deliver complete, transparent and real-time cyber exposure readiness. They help security teams stay smart and executives stay informed, so they can easily prove they are secure as well as compliant with their own policies and with evolving regulatory requirements and industry standards.

The DefenseStorm Difference

THREAT READY

Proactively manage your total cyber exposure

Consolidate data from all sources, without volume limits, so you can oversee your entire security and fraud operations with real-time visibility. Specialized logic lets you zero-in on the threats that matter most. MORE

TEAM SMART

Multiply your cyber team and expertise almost instantly

The company’s Threat Ready Active Compliance (TRAC) Team of cybersecurity and cybercompliance experts works for you, keeping you covered 24x7x365. You define rules of engagement, incident workflow and triage processes to suit you. 

BOARD ACCOUNTABLE

Continuously prove compliance with policies and regulations

Connect policies and regulations with real-time enforcement of cyber controls. Security and regulatory frameworks are integrated into the DefenseStorm GRID, as are your policies and other internal controls as well. 

Real Time Cyber Safety and Soundness

Financial institutions are subjected to more than 70 million cyber events every day. To mitigate risk, DefenseStorm works as your partner in addressing the unique cyber threats and compliance demands facing banks and credit unions in today’s complex financial services landscape to build a community of trust.

Threat Ready Active Compliance (TRAC)

DefenseStorm co-managed approach to cybersecurity is supported by a team of analysts and engineers who continuously monitor and protect your network. The TRAC team of certified cyber professionals augments your staff and investigates alerts on your behalf, allowing you to focus on your core business.

TRAC’s Four-Pronged Approach

• Monitoring – review alerts, close false positives, escalate incidents and continuously tune triggers
• Investigating – geo-locate anomalies, analyze north-south and east-west patterns, investigate untracked assets and log analysis
• Community Intelligence – Access Cyber Threat Center forum in which DefenseStorm clients share experiences and insight with one another
• Incident Response – Experience 7x24x365 protection aligned to your escalation process, including mitigation and change recommendations from experienced incident managers

Cyber attacks against the financial sector are up 238% and continue to rise

With the constantly evolving storm of threats facing the financial services industry, organizations need an efficient way to connect monitoring, detection, triage, response, resolution, audit-trail and reporting. And with a global shortage of qualified cyber staff and a highly competitive marketplace for well-credentialed experts, it’s difficult to hire the people needed to stay ahead of these threats.

DefenseStorm CyberSecurity leverages human interaction with machine learning for optimal performance. Security data is consolidated from any and all sources without volume limits, real-time visibility into the entire security operation is achieved, false positives are eliminated and events are prioritized to enable you to zero-in on the threats that matter most.

A co-managed approach multiplies your cyber team and talent instantly. DefenseStorm’s Threat Ready Active Compliance (TRAC) team of banking and cybersecurity experts helps monitor and manage your security posture 24x7x365.

Always Protected

With DefenseStorm CyberSecurity, your network is protected using a range of proprietary technologies including:

THREATMATCH

To leverage threat source feeds without volume limits and identify known threats in event signals across your network.

PATTERNSCOUT

To catch unknown threats by flagging anomalies not categorized in known threat patterns.

TRIGGER LIBRARY

To catalog threat vulnerabilities associated with assets and services across your network, including your own policies and operational controls.

ALERT DERIVATIVES

To recognize alert patterns from ThreatMatch, PatternScout and the Trigger Library in order to identify previously unseen threats, eliminate false positives and prioritize threats to elevate.

CyberSecurity, CyberFraud and CyberCompliance in one real-time system of record

The state-of-the-art DefenseStorm GRID powers the only purpose-built for banking system that combines human interaction with machine learning for optimal performance. The co-managed solution integrates essential threat detection with compliance processes to deliver automatic regulatory adherence and real-time threat visibility and prioritization. 

The DefenseStorm GRID

The state-of-the-art DefenseStorm GRID powers the only purpose-built for banking system that combines human interaction with machine learning for optimal performance. The co-managed solution integrates essential threat detection with compliance processes to deliver automatic regulatory adherence and real-time threat visibility and prioritization. 

Co-Managed Approach to Cybersecurity

A team of cybersecurity analysts and engineers continuously protects your environment. Augmenting your staff with certified cybersecurity professionals eliminates alert fatigue and reduces false positives.

No Data or Device Limits

No limit means 100% coverage. You no longer have to decide what is critical based solely on your budget.

Machine Learning Technology

Machine learning finds threats in anomalous activity. By leveraging this technology, you can automatically recognize patterns of behavior.

How DefenseStorm Solves for Fraud

Fraud costs U.S. financial institutions a reported $35 billion annually

Employees and account holders alike are doing more work virtually than ever before. Financial institutions need to balance ease of use and convenience against security and privacy in a way that protects themselves, their employees and their account holders with confidence. And they must stay ahead of evolving fraud threats without exceeding budget or staffing constraints.

DefenseStorm CyberFraud integrates your Information Security and BSA/AML Fraud departments in a single platform to defend against a myriad of threats, including fraudulent account opening and loan applications, account take-overs, payment fraud, money laundering and internal fraud.

With real-time alerts, financial institutions can block suspicious activity, execute step-up authentication and route anomalies to analysts for further investigation.

By correlating cybersecurity data on the network with online banking events, dark web intelligence and a consortium of threat sources, DefenseStorm CyberFraud provides a unique approach to fraud defense by integrating it within your security and risk processes.

Always Protected

With DefenseStorm CyberFraud, your employees and account holders are protected from:

• Fraudster access from high-risk countries and domestic locations
• Unusual customer or employee activity and money movement
• Malware harvesting credentials and personal information; and
• Payments and deposits to/from known money laundering accounts

DefenseStorm helps financial institutions and fintechs stay compliant and secure

DefenseStorm provides the only co-managed, cloud-based and compliance-automated solution designed specifically for the unique cyber threat and compliance demands facing the financial services industry.

Conceived and led by bankers and fintech experts, DefenseStorm unifies cyber threat detection, investigation and reporting with compliance into a common system of record. Event data is aggregated across all cybersecurity tools and links policies to real-time alerts so you can prove to regulators you are doing the right things, in the right way, at the right time, while also adhering to your own internal policies.

DefenseStorm’s latest innovation, DefenseStorm CyberFraud adds an additional layer of protection against fraudulent account opening and loan applications, account take-overs, payment fraud, money laundering and internal fraud.

Steve Soukup, Chief Executive Officer

Steve Soukup has served as Chief Executive Officer since 2020 and in that role is responsible for leading all aspects of the company’s business. He is passionate about building a community of trust among DefenseStorm’s teams and with the customers while also enabling them to do the same with their accountholders. Steve joined the company as Chief Revenue Officer in May 2017 with a charge to drive growth for the business while leveraging his extensive experience serving the banking vertical. He was promoted to President in October 2019 and then to CEO in April of 2020. Under his leadership, DefenseStorm has set the standard for cyber safety and soundness within the banking vertical.

Steve is a graduate of Boston College and earned a Master of Business Administration degree from Boston University. A native of Cleveland, Ohio, Steve and his family have called the Atlanta area home for over 10 years.

“We unify detection, investigation, resolution, reporting and compliance into a single system of record to deliver complete, transparent and real-time cyber exposure readiness.”