business man on tablet with data security graphic Credit/AdobeStock.

News that approximately 60 credit unions have been impacted by a cybersecurity attack on a technology provider has both immediate implications for the industry and should have larger consequences for the entire financial sector. Simply put, this incident is a smaller scale version of what could happen and probably will happen on a much larger scale, unless changes can be made to the dynamics facing the integration of technology into the financial services infrastructure.

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