The financial impact of cybersecurity vulnerabilities on credit unions

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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 … More

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Read the original article: The financial impact of cybersecurity vulnerabilities on credit unions