The financial impact of cybersecurity vulnerabilities on credit unions

Cybersecurity vulnerabilities among credit unions and their vendors create the potential for large financial impacts to the credit union industry, according to a Black Kite report. The research analyzed the cybersecurity posture of 250 NCUA credit unions and 150 vendors commonly used by credit unions. Both credit unions and their vendors averaged a cyber grade of “B,” which indicates cyber breaches would require the skills of persistent, highly experienced hackers. However, most credit unions and … appeared first on Help Net Security.