Eric LaBadie of Guardian Analytics to Present Anomaly Detection 101 for Credit Unions at NAFCU Technology & Security Conference

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Executive to discuss drivers behind updated FFIEC guidance and implementing anomaly detection as a required best practice for online banking security.

Guardian Analytics, the market leader in behavioral analytics-based fraud prevention solutions, announced Eric LaBadie will present tomorrow at the NAFCU Technology and Security Conference, the annual event hosted by the National Association of Federal Credit Unions, in Las Vegas for a second consecutive year. LaBadie, vice president of sales and customer success, will share customer insights and online banking security best practices in the session, “FFIEC Online Banking Security Update – Anomaly Detection 101.”

In his presentation, LaBadie will offer a brief overview of the June 2011 Supplement to Authentication in an Internet Banking Environment; explain why the FFIEC updated the guidance in the context of the latest threats and online banking fraud trends; and provide in-depth insights into how anomaly detection works and why it addresses the widest range of attacks. Effective January 2012, the FFIEC expects all US financial institutions to incorporate the ability to detect anomalous activity into their security strategies as part of the clear minimum expectations it established in the 2011 Supplement. LaBadie will discuss a wide range of proof points of the effectiveness of anomaly detection and share case studies from credit unions already using anomaly detection successfully.

At Guardian Analytics, LaBadie is responsible for the growth and success of the company's customer base, which expanded by over 200 percent in 2011. He is a regular speaker at regional and national fraud, security and technology forums, educating financial institutions on the attacks facing online banking and best practices for proactively stopping fraud.

Details for the presentation are as follows:
Who: Eric LaBadie, Vice President of Sales and Customer Success, Guardian Analytics
What: "FFIEC Online Banking Security Update – Anomaly Detection 101" presentation
Where: NAFCU Technology and Security Conference, MGM Grand, Las Vegas
When: Wednesday, Feb. 15 at 9:45 - 10:45 a.m. PST

About Guardian Analytics
Headquartered in Mountain View, Calif., Guardian Analytics provides innovative solutions to prevent online and mobile banking fraud. The company pioneered Dynamic Account Modeling, which uses behavioral analytics to identify suspicious activity. National and community banks and credit unions rely on Guardian Analytics to protect individual account assets, the integrity of their online channels, and their brand reputations. Founded in 2005, Guardian Analytics is privately held with venture funding from Foundation Capital, Sutter Hill Ventures, Split Rock Partners and Triangle Peak Partners. For more information, please visit http://www.guardiananalytics.com.

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Laura Moen
Bateman Group for Guardian Analytics
(415) 503-1818
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