As we head into Cybersecurity Awareness Month, Matt Sawtell examines the current state of cybersecurity in the credit union industry, where it’s going, and what credit unions should be doing to improve their security and prepare for increasingly high demands in examinations and insurance.
CU*Answers held its Annual Leadership Conference discussing the future of the industry and of CU*Answers as it moves forward into 2024. Check out the key takeaways from each section of the event!
As cyber liability insurance carriers recover from losses after increased ransomware attacks, the demand for multi-factor authentication has not only risen, but organizations may now be denied insurance if they lack appropriate security measures, says Patrick Sickels.
Cybercriminals are always working on their attack methods and finding ways to compromise identities and accounts. Multi-factor authentication, Brian Henderson explains, is a critical tool in protecting your credit union, your employees, and in turn, your members.