New Cyber Threat Intelligence Case Study for Financial Services Released by SurfWatch Labs

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Apple Federal Credit Union explains how cyber threat intelligence helps the firm anticipate potential attacks before they occur

Threat Intelligence Case Study: How Apple Federal Credit Union Uses SurfWatch Labs

SurfWatch Labs - New Financial Services Cyber Threat Intelligence Case Study

It's not enough to know what the bad guys are going after and what tools they are using; I want to know why they're doing it

A new video case study released today by cyber threat intelligence provider SurfWatch Labs, explains how Apple Federal Credit Union proactively addresses trending cyber risks to better protect sensitive member information.

“I've always said cyber security is not just a technical mission, it's a behavioral mission in a technical venue,” said Larry Larsen, director of cyber security, Apple Federal Credit Union in the new video. “It's not enough to know what the bad guys are going after and what tools they are using; I want to know why they're doing it and why have they chosen the targets they've chosen. That's where cyber intelligence comes into play.”

Apple Federal Credit Union has over $2 billion in assets and 180,000 members, with 22 branch offices throughout Northern Virginia. From a cybersecurity perspective, the credit union’s mission is to ensure the protection of its members’ information, as well as sensitive organizational information.

“Some of the intelligence SurfWatch provides as part of their dark web analytics has allowed us to identify stolen credit card stacks and try to get ahead of fraud that could be committed,” Larsen said. “One of the benefits to the intelligence that we get is that it can be shared with the other organizations within Apple Federal who may also have an interest in that information… The analysis products that we get…it's already prepared in such a way that I can distribute it and we can go on to a decision on how to address and respond.”

SurfWatch Labs continuously collects cyber threat data by searching the open internet and the Dark Web and transforms this information into refined cyber threat intelligence that can be used by technical and business professionals to make fast, more informed risk management decisions. SurfWatch Cyber Advisor combines analytics, products and human expertise to immediately establish an organization’s cyber threat intelligence operation that drives a prioritized set of tactical defenses. This comprehensive solution takes a lifecycle approach that builds out a personalized cyber risk profile, performs a baseline assessment, and continuously monitors the risk profile against relevant, trending threats. When new threats arise, Cyber Advisor also delivers a prescribed set of best practices to effectively mitigate the risk to your organization.

See the full video: Threat Intelligence Case Study: How Apple Federal Credit Union Uses SurfWatch Labs. For more information on how cyber threat intelligence can help your organization shift to a proactive security posture, visit the SurfWatch Labs resource center.

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About SurfWatch Labs
SurfWatch Labs helps organizations and service providers quickly establish a strategic cyber threat intelligence operation that drives more effective use of their tactical defenses. Founded in 2013 by former US Government intelligence analysts, SurfWatch Labs solutions provide a 360-degree view of cyber threats in the context of your business, along with practical and personalized support to create immediate insights and meaningful action. Combining useful analytics, applications and human expertise, SurfWatch solutions can be your off-the-shelf, cyber threat intelligence team or delivered as a comprehensive product suite that easily integrates with your existing cybersecurity operations.

SurfWatch Labs: Cyber In Sight. For more information, visit surfwatchlabs.com.

About Apple Federal Credit Union
Established in 1956 by teachers, Apple Federal Credit Union is ranked as a top 100 credit union nationwide, serving more than 180,000 members with $2.1 billion in assets. As a member-owned financial cooperative, Apple FCU now serves a diverse community of local educators and anyone who lives or works in Fairfax, Frederick and Prince William counties. Apple FCU members enjoy competitive rates as well as fair and honest products and services within a trusted environment. The Credit Union is fully committed to making a positive impact within the region, not only in financial services, but also in community involvement, financial literacy and charitable giving. Apple FCU is federally insured by the NCUA and is an equal housing lender. To learn more about Apple Federal Credit Union, visit AppleFCU.org.

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Kim Boeckenstedt
SurfWatch Labs
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