Prepare Now for a Cyberattack

January 2016
Credit Union Magazine;Jan2016, Vol. 82 Issue 1, p24
Trade Publication
The article takes a look at the vulnerability of credit unions against cyber attacks and the need to prioritize resources towards cybersecurity. It cites data from the Identity Theft Resource Center which shows 521 computer breach incidents in 2014 and the hacking of 17.8 million consumer records through cyber attacks. It advises proactive measures that credit unions need to take such as conducting a cybersecurity risk assessment, and securing a cyberinsurance policy.


Related Articles

  • Block ID Theft Ports of Entry. Jerving, Jim // Credit Union Magazine;Apr2007, Vol. 73 Issue 4, p28 

    The article presents opinions of several chief executive officers (CEO) in the prevention of identity (ID) theft in the U.S. President and CEO of First City Credit Union Steve Punch says consumer education is important in the prevention of ID fraud. Edward Paternostro, president and CEO of...

  • Identity Theft Protection Increasingly Rated Highly By Consumers.  // Credit Union Journal;12/17/2012, Vol. 16 Issue 51, p14 

    The article presents the results of a national study by Market Rates Insight about the key concerns among bank customers and credit union members including identity theft protection and credit score.

  • HANDLING AUTHENTICATION. Bankston, Karen // Credit Union Management;Feb2007, Vol. 30 Issue 2, p54 

    The article reports on efforts by credit unions to comply with federal guidelines to better secure remote financial transactions and help their members avoid identity theft in the U.S. New technologies such as risk-based authentication, which combine workstation analytics with the standard...

  • NOW IN THE MARKET.  // Credit Union Journal;1/21/2008, Vol. 12 Issue 3, p4 

    The article presents news related to credit union products and services in the U.S. compiled as of January 2008. Informative Research has released OriginatorDirect credit check platform aimed at enabling tier-2 credit reporting agencies to access and share advanced credit reporting technology....

  • WORTH NOTING.  // Credit Union Journal;4/2/2007, Vol. 11 Issue 13, p3 

    The article offers financial news briefs. The New York Credit Union Foundation has recently launched a statewide identity theft awareness campaign. The City County credit union is giving $1 million back to its 39.000 members in the form of a special bonus. The Veridian Credit Union has set a...

  • CU-Backed Data Breach Bill Now Law In Washington.  // Credit Union Journal;3/29/2010, Vol. 14 Issue 13, p9 

    The article reports that Washington Credit Union League (WCUL) has announced that Washington Governor Christine O. Gregoire has signed a new law that will encourage financial institutions to take extraordinary measures to protect consumers from identity theft and financial fraud.

  • CALENDAR.  // Journal of Business (10756124);7/30/2015, Vol. 30 Issue 16, p34 

    A calendar of events for the Washington and Idaho for August 2015 is presented which includes National Night Out by the Kootenai County Sheriff's Office, the Global Leadership Summit and the workshop "Prevent Fraud and Identity Theft" by Spokane Teachers Credit Union.

  • Identity theft on the rise; protect your business and your customers. Martz, Alice // Las Vegas Business Press (10712186);4/20/2009, Vol. 26 Issue 16, pP25 

    The author offers tips on how businesses can protect themselves and their customers from identity theft.

  • CFA Offers Theft Site.  // Credit Union Times;9/21/2011, Vol. 22 Issue 36, p32 

    The article focuses on IDTheftInfo.org, a Website for the prevention of identity theft and providing services to consumers and business organizations, which has been launched by nonprofit organization Consumer Federation of America (CFA) and a working group comprising of several organizations...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics