Central National Bank of Waco Case Study

As a financial institution, Central National Bank of Waco is an attractive target for cyberattacks; it surpassed $1 billion USD in assets in 2021. The community bank is owned by eight families who serve on the board of directors and has four locations in central Texas. With over 15,000 customers and 100 employees, it also is a commercial bank serving small-to-medium-sized businesses. In addition, as a national bank, Central National Bank is heavily regulated and audited.

A couple of years ago, chief information security officer Rusty Haferkamp contacted CrowdStrike after an incident occurred in the middle of a forensics audit of the bank’s security system. Luckily it did not require any mitigation, but it was enough for the CISO to step in. To close the gap, Central National Bank of Waco partnered with CrowdStrike for the deployment of CrowdStrike Falcon® Complete managed detection and response (MDR) throughout the organization.

“CrowdStrike is the emergency room for 2022. Falcon Complete has given us the ability to clean up the network and trim down the noise. Now, our attack simulations are correlating with CrowdStrike’s findings, and we get single-page, easy-to-read reports with phenomenal information.” — Rusty Haferkamp, chief information security officer (CISO), Central National Bank of Waco

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