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MYSTIC, CT – COCC’s Matthew Lidestri, Assistant Vice President of Information Security, recently participated in the Cybersecurity Panel Discussion and Business Breakfast presented by Chelsea Groton Bank. The event brought together local business owners, centers of influence, and cybersecurity experts to discuss ways to protect organizations from the ongoing cybersecurity and fraud issues that threaten businesses today. The panel highlighted a variety of associated topics including the latest trends the experts are seeing, scams to be aware of and internal controls that should be implemented to keep important data secured.

Lidestri leads COCC’s Cybersecurity Services, striving to provide better protection and visibility against known and emerging threats to protect client data and provide robust technology solutions for client institutions. As a panelist, Lidestri spoke on proactive defense steps that help minimize security risks as well as strategies and best practices to defend against threats.

“With the industry-wide shift to mobile and digital banking comes an increase in security risks, and the importance of cybersecurity in today’s world is certainly in the forefront of our minds,” noted Lidestri. “This event led by Chelsea Groton was a great opportunity to connect with the community to share information and insight, and help local businesses decrease their risk of falling victim to a cyber-attack and fraud.”

The panel provided COCC the opportunity to share how it prioritizes cybersecurity to protect its clients as well as the millions of account holders served by its member institutions. COCC applies a multifaceted cybersecurity framework to ensure data security with its people, physical assets, software platforms, and third-party partnerships. Through proactive education, testing and continuous monitoring, the company maintains a secure infrastructure for itself and its clients to protect valuable data in an ever-changing cybersecurity landscape.

 

About Chelsea Groton

Based in Groton, Conn., Chelsea Groton Bank is a mutually owned bank with 14 locations throughout New London County and a Loan Production Office in Hartford County. The Bank has over $1 billion in assets and serves businesses, individuals and families throughout Connecticut and Rhode Island. To learn more, please visit chelseagroton.com.

 

About COCC

COCC is an award-winning client-owned financial technology company servicing financial institutions throughout the Northeastern United States. Launched in 1967, COCC was founded by its clients. This unique cooperative structure has set COCC apart from the competition and is one of the driving forces behind their success. COCC is recognized as a leader in delivering innovation and the quality service financial institutions demand and deserve.