Long an advocate for credit unions to protect their assets and
members from cyber criminals by applying a risk management
discipline, Hood values DefenseStorm's unique built for banking
approach to cyber risk management.
ALPHARETTA, Ga., May 23, 2024
/PRNewswire-PRWeb/ -- DefenseStorm, the leading provider of cyber
risk management solutions and co-managed services exclusively to
financial institutions, is proud to announce that Rodney Hood joined its Board of Directors in
May.
Credit unions must become proficient at
cyber risk management, and I'm convinced DefenseStorm has the right
technologies, processes and people to make that happen. It's why I
joined the Board at DefenseStorm.
Mr. Hood brings decades of banking experience to his new
position with DefenseStorm. Most recently, in January 2019 he was appointed to the National
Credit Union Administration (NCUA) Board, serving as Chairman until
January 2021 and remaining on the
Board until January 2024. In these
roles, he provided regulatory oversight for over 4,600 credit
unions with assets exceeding $2
trillion and more than 138 million member-owners. Throughout
his tenure, he was a strong proponent of financial technology and
inclusion, driving creation of the NCUA Office of Financial
Technology & Access.
"Credit unions are evolving to meet the needs of their members
and become more competitive, but those changes make them more
vulnerable," says Hood. "Bad actors are constantly trying to
infiltrate credit unions. It's why I created a Senior Advisor to
the NCUA Board for cyber issues. It's also why I joined the Board
at DefenseStorm. Credit unions must become proficient at cyber risk
management, and I'm convinced DefenseStorm has the right
technologies, processes and people to make that happen."
"I'm honored that Rodney chose to get involved with DefenseStorm
and that he shares the same passion for our mission. Our goal is to
build a community of trust so that we can grow and thrive
together," said Steve Soukup, chief
executive officer at DefenseStorm, referring to its work with
financial institutions. "Our cyber risk management solutions are
purposefully "Built for Banking", designed to meet all the
demanding governance requirements and regulations that are unique
to credit unions. It's a true partnership, ensuring these
institutions can effectively respond to the constantly evolving
world of cyber threats and protect their assets, members, and
reputations."
About DefenseStorm
DefenseStorm provides an integrated platform of cyber risk
assessment, governance, security, and fraud solutions
that ensure financial institutions achieve and maintain cyber risk
readiness. The only system specifically built for banking, it
accounts for all the daunting challenges, regulations, and
technology requirements financial institutions face. Their
intelligent data engine, GRID ACTIVE, ensures real-time access,
analysis, and action on all critical threat data. The Cyber Threat
Surveillance Operations (CTS Ops) team provides access to managed
resources 24x7x365, delivering the help and expertise needed by
financial institutions. For more information visit:
https://defensestorm.com/company/about-us/
About Rodney Hood
Mr. Hood was appointed to the National Credit Union
Administration Board by President Donald J.
Trump in January 2019 and
served as its 11th Chairman until January
2021. He served as a member of the NCUA Board until
January 2024. In these roles, he
provided regulatory oversight for over 4,600 institutions with
assets exceeding $2 trillion and
representing the savings of over 138 million credit union
member-owners. Additionally, Mr. Hood chaired the NeighborWorks
America Board of Directors and served as Vice Chairman of the
Federal Financial Institutions Examination Council. Prior to the
NCUA, Mr. Hood spent nearly three decades in the private sector
with management roles in financial services with organizations such
as JPMorgan Chase, Wells Fargo, Bank of America and G.E. Capital. A
Charlotte native, he is actively engaged in the local community. He
also serves as an independent board director for Zest AI, Posh AI,
and ModernFi.
Media Contact
David Cross, DefenseStorm, 1
404-723-0420, david.cross@defensestorm.com, DefenseStorm.com
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SOURCE DefenseStorm