Press

New CUNA Technology Council White Paper examines IT Risk Management

MADISON, WI (December 30, 2015) — The CUNA Technology Council has published a new white paper, “IT Risk Management.”

In the past, enterprise security was all about circling the wagons and making sure the credit union had good people on the team. Firewalls and intrusion prevention systems (IPS) protected the perimeter, and antivirus software provided extra protection on the inside. However, as technology has evolved with ease of use and automation, credit unions are finding themselves relying heavily on IT services to obtain their strategic initiatives.

This white paper helps credit union technology leaders understand the need for IT risk management framework adoption. It also introduces a systematic approach to managing technology risks and help credit unions overcome common challenges, including:

What is an IT Risk Management framework and why should an organization adopt it?
What frameworks are available, and which is best for an individual credit union?
Who is responsible for implementing and managing IT Risk Management programs?
What are the key elements of a mature Risk Management Program/Framework?
What are the roles of senior executives and Board members in the risk management process?
How can a credit union with limited resources implement an effective risk management strategy?
What is the best approach to ensure that the credit union is maintaining compliance with constant changing regulatory requirements?

CUNA Council members are eligible to receive complimentary copies of this, and hundreds of other white papers.

The paper is available online in the white paper section of www.cunacouncils.org.

Press may contact Natalie Sherry at nsherry@cuna.coop for a summary of the white paper.

About CUNA Technology Council

The CUNA Technology Council is a member-led organization of credit union technology professionals dedicated to sharing information with its members and promoting the advancement of credit union technology. The CUNA Technology Council is one of six CUNA Councils, a network of more than 6,500 credit union professionals. For more information, visit www.cunacouncils.org.