Pub. 8 2018-2019 Issue 4

20 O V E R A C E N T U R Y : B U I L D I N G B E T T E R B A N K S - H E L P I N G C O L O R A D A N S R E A L I Z E D R E A M S W ith the rise of the internet and the wave of online banking that followed, cybersecurity is becoming a hot-button topic. Because most information and fi - nancial assets are accessible fromonline avenues now—or in the case of cryptocurrencies, are entirely digital in nature—prac- ticing good cyber hygiene is essential in keeping information from online hackers, thieves, and scammers. Cybersecurity is a year-round issue, so it's always a good time to remind employees and consumers to be careful with their data and systems. Let’s dive in to learnmore about cyber - security, understand some of the statistics and terms associated with it, and how much it can cost an agency or institution, should they fall prey. What Is Cybersecurity? Cybersecurity is defined by the world-leading software telecommunications giant, Cisco, as, “the practice of protecting systems, networks, and programs from digital attacks.” Cybersecurity, in its most basic forms, can be anything from firewalls to endpoint detections, and even captcha tests. Cybersecurity Month Brings Awareness to Financial Institutions BY JIM PERRY, VP, REGIONAL BUSINESS DEVELOPMENT, GOLDEN EAGLE INSURANCE