ORLANDO, Fla. – Security Magazine has warned financial services organizations to remain vigilant in their cybersecurity efforts throughout 2021. With today’s digital landscape rampant with expanding cyber threats and cybercriminals getting smarter by the day, US Equity Advantage (USEA) is taking steps to further secure its already robust cybersecurity protections.
“The security of our customers’ financial data is mission critical for US Equity Advantage,” said Chief Technology Officer Jeff Saylor. “Defending our company from today’s increasingly complex and high-risk cyber threats remains our top technology priority.”
In recent months, USEA has taken the following actions:
- Deployed a Web Application Firewall (WAF) that enhances USEA’s traditional firewall security protection by decrypting HTTPS traffic, inspecting the data content and denying access to web servers when malicious activity is detected.
- Conducted a third-party security risk assessment to ensure that USEA’s robust cybersecurity posture is aligned with relevant security compliance frameworks and cyber security awareness infrastructures in accordance with government and industry standards.
- Implemented new-school cybersecurity education and awareness training software.Employees can either be the weakest link in a company’s cybersecurity enterprise or its last line of defense. USEA’s new training platform makes certain that security is always top of mind, using an approach that combines baseline testing using mock cyber-attacks, interactive web-based training, and continuous assessment through simulated phishing and other social engineering attacks to keep employees alert to emerging threats.
Auto dealerships are also an attractive target for cybercriminals due to the large quantities of customer data they collect, process and store within their dealership management systems, according to Cybercrime Magazine. “USEA is determined to meet its responsibility to both our dealership partners and AutoPayPlus customers by doing everything possible to defend and protect the company from cybersecurity threats now and in the future,” added USEA CEO Robert M. Steenbergh.