Starting and running a business or managing one isn’t for the faint of heart. You’re balancing internal and external forces in a continually changing landscape. This is where Cadence Bank’s In Good Companies comes in. We share our wealth of knowledge–and insights from noted industry experts–to guide you through the forces shaping business today. It’s hosted by Patrick Pacheco, an EVP and President of Cadence Asset Management and Trust, who has more than 25 years’ experience and is a self-proclaimed lifelong learner. He leads discussions with business owners and subject matter experts about how they’re tackling business challenges like: ● What are ways to grow my business without growing my debt? ● How can I turn my data into meaningful information? ● Why is company culture more important than ever? It’s information you need, in one place, in under 30 minutes. More than 250,000 listeners tune in each week...
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episode 4: Saving the Day: Becoming a Cybersecurity Superhero
You’ve probably got a security system for your building, with locks on your doors and safes for your important documents. But criminals don’t just try to take what’s in your cash register anymore. As the world shifts increasingly online, there are more and more opportunities for fraudsters and cybercriminals to intercept your money and data. And it takes more than anti-virus software to keep yourself safe. But your specialty isn’t cloud computing, it’s your business. So how do you keep up with the ever-changing world of cybersecurity?
Fortunately, there are people like Lori Johnson and Tracy Dalton, from the Treasury Management Team at Cadence Bank. They make it their business to keep up with trends in cybercrime so they can best protect their clients. Through their work with a broad range of customers, they see companies’ most commonly-targeted weak points; and they’re not what you’d suspect.
Cybercrime can be devastating, and nobody is completely safe. Companies of all sizes are targeted, and breaches can cause loss of consumer confidence, in addition to whatever is stolen. Lori and Tracy will escort us through the dangerous underbelly of fraud as we talk the size of the threat, cybersecurity best practices, and how to get employee buy-in. So keep your head on a swivel and listen to our cyber self-defense class!
Highlights:
- The types of threats you can face (3:06)
- How many businesses are affected? (6:40)
- How to evaluate your current security setup (9:04)
- A great model for cybersecurity (11:54)
- The importance of educating your employees (12:40)
- Creating internal controls (13:58)
- Cybersecurity tools offered by your bank (15:40)
- Positive Pay & ACH Positive Pay (16:43)
- Constant vigilance (19:29)
Links:
- Cadence Bank Website
- Cadence Bank Twitter
- Cadence Bank LinkedIn
- Lori Johnson LinkedIn
- Tracy Dalton LinkedIn
- Cadence Bank Business Fraud Knowledge Center
Feedback:
If you have questions about the show or topics you'd like discussed in future episodes, email our producer, sheena.cochran@cadencebank.com