Make cybersecurity part of your credit union’s fabric

Treat cyber vulnerabilities as a multi-layer issue.

In today’s ever-present cyber threat environment, financial institutions are frequent targets.

Credit unions continue to fall victim to a variety of cyberattacks, including malware infections, phishing scams, denial-of-service attacks, cryptojacking, and ransomware.

These attacks not only cause monetary losses, they can also contribute to a loss of trust between the credit union and its members.

Cybersecurity is one of the most dynamic risks for organizations to manage. And unfortunately, only 42% believe their company is effective at managing cybersecurity, according to Deloitte.

 

continue reading »