Cyveillance Cyber Intelligence Director to Participate in NAFCU Webinar on the True Cost of Cyber Insecurity

Dr. Terry Gudaitis to Present the Financial Effects of Phishing Attacks

WHAT:	Phishing attacks represent a staggering amount of online fraud, and recent reports indicate that online fraud will cost credit unions millions of dollars in the coming years. Even more shocking than this cost is the fact that phishing is a steadily growing problem with no end in sight. In this session titled “The True Cost of Cyber Insecurity: Phishing Attacks and Data Breaches,” Dr. Terry Gudaitis, Cyber Intelligence Director for Cyveillance, will present real world cost analysis from over six years of data collection on detection and site takedown efforts for credit unions of all sizes. She will explain the costs of phishing attacks in a manner that can be easily adjusted to any credit union’s specific business model or support process. Dr. Gudaitis will also be joined by the Affinion Security Center’s President and CEO, Tom Rusin to discuss the best practices for data breach pre-planning and preparation, and provide an in-depth look at the resources businesses need to manage a breach, should one occur. This session will cover: Response rates over time of an attack Phishing target volumes and percentages of respondents (victims) Hard and soft costs associated with each attack Specific actions you can take to minimize the losses How to build your own cost model How quickly an organization and all its associates can be impacted by a breach How to mitigate damages by implementing a preemptive data breach response plan Tips and examples of the key elements that constitute an effective data breach plan Recommendations on how to implement a data breach response plan
WHO:	Dr. Terry Gudaitis is focused on the human psychology and security aspects of malicious Internet threats, leading the Cyveillance team of cyber intelligence analysts. Since 1987 she has provided consultation and leadership in cyber crime to public and private industry including Science Applications International Corporation (SAIC) and Network Security Corp. (NSEC), federal intelligence agencies and bureaus, and law enforcement, focusing on domestic and international security issues. Dr. Gudaitis has served on the United States Secret Service Advisory Board for Insider Threat and trained investigators at the National Center for Missing and Exploited Children.
WHERE:	NAFCU Live Webinar Myrtle Beach, SC
WHEN:	Wednesday, June 17, 2009 2:00 p.m. - 3:30 p.m. ET
About Cyveillance: Cyveillance, the world leader in cyber intelligence, provides an intelligence-led approach to security. Through continuous, comprehensive Internet monitoring and sophisticated intelligence analysis, Cyveillance proactively identifies and eliminates threats to information, infrastructure, individuals and their interactions, enabling its customers to preserve their reputation, revenues, and customer trust. Cyveillance serves the Global 2000 and OEM Data Partners – protecting the majority of the Fortune 50, regional financial institutions nationwide, and more than 30 million global consumers through its partnerships with security and service providers that include AOL and Microsoft. Cyveillance has recently signed an agreement to be acquired by, and pending regulatory approval, will become a subsidiary of, QinetiQ North America. For more information, please visit www.cyveillance.com or www.qinetiq-na.com. Contact: Chris Leach 703-218-3555 or chris@w2comm.com