Connect with us

Technology

Former NCUA Chairman Rodney Hood Joins DefenseStorm Board of Directors

Published

on

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

View original content:https://www.prweb.com/releases/former-ncua-chairman-rodney-hood-joins-defensestorm-board-of-directors-302153881.html

SOURCE DefenseStorm

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

LG Innotek to Supply Cutting-Edge Automotive Wi-Fi 7 Communication Module to a leading European automotive parts company

Published

on

By

Order value of approximately USD 68M with mass production to begin in 2027Offering data transmission speed three times faster, with no speed degradation even with multiple devices connected simultaneouslyChanging perception of car considered as ‘a second living space’…Trend enhancing growth of Automotive Wi-Fi market, expected to grow 9.6% annually

SEOUL, South Korea, April 20, 2026 /PRNewswire/ — LG Innotek (CEO Moon Hyuksoo) announced on the 20th of this month that it will supply its Automotive Wi-Fi 7 Communication Module, featuring cutting-edge Wi-Fi technology, to a leading European automotive parts company.

The order is worth approximately USD 68M. Mass production of the module will begin in 2027. LG Innotek’s Automotive Wi-Fi 7 Communication Module will be integrated into Audio, Video, and Navigation(AVN) systems, which will then be delivered to the global OEM customer.  

By commercializing its first Automotive Wi-Fi 7 communication module from 2005, LG Innotek expects to cement its leading position in the global automotive connectivity solution market.

LG Innotek’s Automotive Wi-Fi 7 Communication Module supports an ultra-wide bandwidth of 320MHz, doubling the bandwidth per channel (width of the path radio waves travel) compared to existing Wi-Fi 6E (6th Generation Extended) modules. Consequently, data throughput and transmission speeds are three times faster than before.  The module is also equipped with 4K-QAM technology which increases the data processing quantity by 20%.

Furthermore, LG Innotek designed the module to support up to two antennas by applying Multiple-Input Multiple-Output(MIMO) technology which helps significantly reduce signal loss. A single antenna might miss some signals while handling data transmission, whereas if there is another supplementary antenna, all those missed signals can be covered. This is the reason why several devices, connected at the same time in the same vehicle, can transmit and receive large amounts of data using ultra-high-speed Wi-Fi without experiencing any interruption or latency.

LG Innotek’s Automotive Wi-Fi 7 Communication Module incorporates over 150 components, including a Qualcomm communication chip, RF circuitry, and antennas. The module is also compact and slim, measuring about one-sixth the size of a credit card.

In addition, the new module can withstand extreme external temperatures ranging from -40°C to 105°C (-40°F to 221°F). It also resists deformation even when exposed to the heat generated by transmitting large amounts of data or the cold when parked outdoors for extended periods in the dead of winter. This is because it was developed with a larger surface area at the circuit-bonding points, allowing it to withstand repeated contraction and expansion.

LG Innotek is also actively promoting the Automotive Wi-Fi 7 Communication Module for European and Japanese OEM customers.

AVN system will not be the exclusive application of the module. LG Innotek is indeed planning to expand the product’s application area to RSE(Rear Seat Entertainment) systems, TCU (Telematics Control Unit) and DCU (Domain Control Unit).

LG Innotek is thus accelerating the expansion of its global market share with automotive connectivity solutions that deliver differentiated customer value, including not only its new automotive Wi-Fi 7 module but also the 5G-V2X Communication Module, 5G-NAD Communication Module, and Automotive AP Module.

Moon Hyuksoo, CEO of LG Innotek stated, “Growth is expected to gain further momentum, driven by Mobility Solution revenue, which is projected to grow by an average of 20% annually for the foreseeable future, particularly as sales of automotive AP modules begin in earnest in the fourth quarter of this year. LG Innotek will continue to lead the market by introducing innovative solutions that deliver differentiated driving experiences.”

[Glossary] Automotive Wi-Fi communication module:
This is a short-range wireless communication component that connects the infotainment(IVI: In-Vehicle Infotainment) system, which controls vehicle operation information and multimedia content, to internal smart devices and external routers. It is primarily installed in the front AVN(Audio Video Navigation) system and rear seat displays. With this Wi-Fi module, all passengers can use video conferencing services, stream videos, listen to music, and more without worrying about data consumption or smartphone tethering.
As cars evolve beyond mere transportation into a “second living space,” the automotive Wi-Fi communication module is gaining attention as a core electronic component for the connected car and autonomous driving era.

[Glossary] QAM (Quadrature Amplitude Modulation)
QAM refers to a method of transmitting data by embedding it in wireless signals. The higher the QAM level, the more data can be transmitted at once. Wi‑Fi 7 supports 4,096 (4K) QAM, which is four times higher than the previous generation.

[Reference] Global In-Vehicle Wi-Fi Market Size
According to Global Market Insights (GMI), the global in-vehicle Wi‑Fi market is projected to grow at a compound annual growth rate (CAGR) of 9.6%, expanding from USD 20.9 billion in 2025 to USD 47.7 billion by 2035. In line with this market trend, global automakers are increasingly launching new vehicles equipped with Wi‑Fi communication modules as a standard feature.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/lg-innotek-to-supply-cutting-edge-automotive-wi-fi-7-communication-module-to-a-leading-european-automotive-parts-company-302745819.html

SOURCE LG Innotek

Continue Reading

Technology

BrightParent Introduces Personalized Parenting App for Parents of Kids Ages 5 to 17

Published

on

By

BrightParent gives parents personalized support, in-the-moment guidance, and 7-day programs for everyday challenges like bedtime battles, homework conflict, big emotions, and sibling tension.

MONTREAL, April 19, 2026 /PRNewswire-PRWeb/ — BrightParent, a new parenting app for iPhone and iPad, is now available on the App Store.

“BrightParent was created as a parenting tool that can not only help in the moment, but also support families as they work through patterns that come up again and again.”

Designed for parents of children ages 5 to 17, BrightParent was created to address a gap many families run into every day: parenting advice often sounds good in theory but can feel too generic, too idealized, or too hard to use when real situations are unfolding at home.

“Parents are often trying to respond well in moments that are messy, emotional, and moving fast,” said Claire Bennett, media contact for BrightParent. “What is missing in a lot of existing advice is something that feels calm, practical, and specific enough to help with the child and situation right in front of you.”

BrightParent focuses on common parenting situations such as bedtime resistance, homework struggles, emotional outbursts, sibling conflict, screen time transitions, difficult mornings, and everyday boundary issues.

The app begins with a detailed onboarding process that helps parents build a fuller picture of their child and family context. That information helps shape the support BrightParent provides, so the guidance reflects the child’s age, the situation the parent describes, and the broader family context.

Parents can type in what is happening and receive practical guidance along with simple, natural scripts they can use with their child. For families working through recurring challenges, BrightParent also offers structured 7-day programs, including custom programs parents can create around the specific issues they want help addressing over time.

“The goal was not to build another general-purpose chatbot,” Bennett said. “BrightParent was created as a parenting tool that can not only help in the moment, but also support families as they work through patterns that come up again and again.”

BrightParent is built specifically for everyday parenting support. It is not a general purpose chatbot and does not provide medical, clinical, therapeutic, diagnostic, or crisis services.

BrightParent is available now on the App Store for iPhone and iPad.

Website: https://www.brightparent.app/

App Store: https://apps.apple.com/app/id6759067566

Media page: https://www.brightparent.app/media/

About BrightParent

BrightParent is a parenting app for iPhone and iPad designed for parents of children ages 5 to 17. It offers age-appropriate guidance, practical scripts, and structured support for everyday parenting situations, with personalization informed by the child and family context shared during setup.

Media Contact

Claire Bennett, BrightParent, 1 514-558-4664, media@brightparent.app, https://www.brightparent.app/

View original content to download multimedia:https://www.prweb.com/releases/brightparent-introduces-personalized-parenting-app-for-parents-of-kids-ages-5-to-17-302746332.html

SOURCE BrightParent

Continue Reading

Technology

Cloverleaf Analytics Unveils 2026 Insurance Decision Intelligence Platform

Published

on

By

Pearl Holding Group Goes Live, and Company and CEO Earn Industry Accolades

HOLLYWOOD, Fla., April 19, 2026 /PRNewswire-PRWeb/ — Cloverleaf Analytics, a leader in insurance intelligence decisioning, today proudly announces the launch of its 2026 Insurance Decision Intelligence Platform. This purpose-built solution is designed to optimize data processing and analytics operations for the insurance industry, delivering an end-to-end automated data pipeline from source ingestion to Snowflake, powered by advanced artificial intelligence (AI) capabilities.

“Its implementation will free up our team to focus on strategic initiatives and better customer interactions rather than antiquated technology and business operations,” said Mike Mobley, VP of Operations at Pearl Holding Group.

This product announcement represents a significant advancement in insurance technology, transforming processes that previously took days to generate meaningful insights into mere minutes.

In addition to the platform launch, Cloverleaf Analytics has been recognized as one of the Top 50 Insurtech Providers by Everest Group, solidifying its position as an industry leader. Furthermore, Cloverleaf’s Founder and CEO, Robert Clark, has been named a finalist for Thought Leader of the Year in the PropertyCasualty360 Insurance Luminaries awards in the vendor category, highlighting his contributions to advancing the insurance industry.

“Cloverleaf Analytics has been listed in Everest Group’s Top 50™ Property and Casualty (P&C) Insurance Technology Providers 2026 research. This recognition is attributed to its coverage across major P&C lines of business and key value-chain functions, along with its continued growth in North America,” says Aurindum Mukherjee, Practice Director at Everest Group. “Its strategic investments in GenBI, conversational analytics, and AI-driven data integration within its Intelligent Insurance Platform, supported by an expanding partner ecosystem, underscore its focus on AI-led decision intelligence for P&C insurers.”

After recently announcing Oklahoma Farm Bureau Insurance as its newest customer, Cloverleaf continues to build momentum with Pearl Holding Group now live on Cloverleaf Analytics for Guidewire InsuranceNow claims. Cloverleaf is also supporting Pearl’s transition from legacy systems, with Policy operations currently being implemented.

This phased approach enables Pearl Holding Group to modernize its data infrastructure while laying the foundation for broader adoption of Cloverleaf’s Insurance Decision Intelligence capabilities.

“We are excited to benefit from the streamlined claims operations and enhanced data integrity that Cloverleaf Analytics provides,” said Mike Mobley, VP of Operations at Pearl Holding Group. “Its implementation will free up our team to focus on strategic initiatives and better customer interactions rather than antiquated technology and business operations.”

More About the 2026 Platform Launch

The Cloverleaf Analytics Insurance Decision Intelligence Platform is designed to transform how insurance organizations handle data and decision-making processes. With built-in features such as intelligent field matching, a visual rule builder, and automated ETL script generation, the platform allows companies to reduce mapping time from hours to minutes, reducing human error and standardizing transformation logic across operations.

Benefits for Customers:

Reduced Time and Resources: Transforms data processing tasks that previously took days into minutes.Enhanced Data Quality: Built-in business rules and validation mechanisms protect data integrity from the start.Increased Autonomy: Business users can manage validation logic without relying solely on IT.

Additional Key Features of the Cloverleaf Analytics Platform:

AI-Powered Transformation Suggestions: Automatically generates SQL expressions for improved data manipulation.Visual Canvas for Multi-Source Joins: Intuitive drag-and-drop interface for merging various data sources.Automated Glue Script Generation: Seamlessly create production-ready ETL scripts, removing the burden from data engineers.

“The 2026 edition of our Insurance Decision Intelligence Platform isn’t just an upgrade, it’s a paradigm shift for how the insurance industry leverages data,” said Michael Schwabrow, EVP of Sales and Marketing of Cloverleaf Analytics. “We’re moving beyond basic analytics to empower carriers with real-time, actionable intelligence that transforms decision-making, significantly reduces operational burden, and ultimately builds greater trust and efficiency across the ecosystem. This is about delivering unprecedented clarity and agility to our customers.”

Cloverleaf Analytics is proud to be a Gold and Wi-Fi sponsor at the AAIS Main Event conference taking place from April 19-21 at the Margaritaville Hollywood Beach Resort. Insurers interested in seeing how they can make better, faster decisions using Cloverleaf’s Insurance Decision Intelligence platform can sign up for a 10-minute demo in advance of the event here. Cloverleaf Founder and CEO Robert Clark will also speak on April 21 in a session titled “Advancing the Industry Through Data Contribution and openIDS,” alongside Josh Hershman of the Connecticut Insurance Department and Michael Payne of AAIS.

About Cloverleaf Analytics

Cloverleaf Analytics is a leader in Insurance Decision Intelligence for P&C insurers, helping mid-to-large carriers turn complex insurance data into faster, better underwriting, claims, and operational decisions. The Cloverleaf Insurance Decision Intelligence platform is purpose-built to help carriers easily migrate disparate data from legacy, multi-core, Guidewire and other sources into an Insurance Decisioning Intelligence data lake, regardless of where the data lives. All insurance data in Cloverleaf supports the openIDS standard format. Learn more at www.cloverleafanalytics.com.

Media Contact

Michael Schwabrow, Cloverleaf Analytics, 1 (512) 361-7173 2121, mschwabrow@cloverleafanalytics.com, www.cloverleafanalytics.com

View original content:https://www.prweb.com/releases/cloverleaf-analytics-unveils-2026-insurance-decision-intelligence-platform-302740205.html

SOURCE Cloverleaf Analytics

Continue Reading

Trending