Nacha Strengthens Cybersecurity Resources for Businesses of All Sizes


New Nacha Resources Address Cyber Attacks

Tuesday, June 4, 2024

Did you know the average cost of a data breach hit a record high in 2023? That's why having a Security Incident Response Plan is crucial for any organization. Particiularly as the payments landscape is constantly evovling, and with it, the threats posed by cybercriminals. As such, the Nacha Cybersecurity & Payments AI Project Team released a suite of free resources designed to help organizations of all sizes prepare for and respond to cyberattacks.

The centerpiece of this initiative is the Security Incident Response Procedure Guide. This comprehensive resource outlines the steps organizations should take in the event of a suspected data breach. The guide provides a clear and concise framework for mitigating damage, notifying stakeholders, and restoring normal operations.

In addition to the guide, Nacha has also released a free tabletop exercise specifically designed for small and medium-sized businesses. This interactive tool provides a simulated cyberattack scenario that allows organizations to test their incident response plans, identify areas for improvement, and practice communication protocols with key stakeholders.

Benefits of Nacha's Cybersecurity Resources:

  • Increased Preparedness: Test your incident response plan and identify areas for improvement.
  • Enhanced Communication: Practice communication protocols with key stakeholders during a simulated attack.
  • Boosted Resilience: Identify and address weaknesses in your cybersecurity defenses.

Download the Security Incident Response Procedure Guide and learn more about the tabletop exercise here: []


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