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Home > ABA Banking Journal Podcast > The anatomy of a community bank ransomware attack
Podcast: ABA Banking Journal Podcast
Episode:

The anatomy of a community bank ransomware attack
Category: Business
Duration: 00:20:01
Publish Date: 2023-05-18 20:23:00
Description:

The cover story of the latest issue of the ABA Banking Journal features an unprecedentedly transparent look into what happens inside a financial institution during and after a ransomware attack. On the latest episode of the ABA Banking Journal Podcast — sponsored by Intrafi — Evan Sparks shares the true story of this anonymized bank and how it tackled what could have become a crippling ransomware attack. Sparks discusses:

  • How hackers got in, the early moments after an attack happens and how the bank responded.
  • The current ransomware threat environment for banks.
  • How to execute on a cyber incident playbook and mobilize partners and vendors.
  • Messages and services the bank provided to customers during the incident.
  • Fatigue and other challenges facing the bank’s team during the hack.
  • Lessons learned and post-mortem changes the bank made to prevent a future incident.
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