Robert DicksonHas your creditunion been involved in a cyber incident? If so, consider yourselfpart of a growing crowd. Financial institutions from Bank ofAmerica to Patelco and University Credit Union were victims, aswell. In fact, cyberattacks targeting mid-market businesses were up61% last year; if you haven't already been hit, then it's probablyonly a matter of time.

Credit unions enjoy the trust of their members. A cyber breachcan damage your brand reputation irreparably. When a breach occurs,malware spreads like wildfire, and losses escalate dramatically ifnot quickly identified and contained. Unfortunately, cyber breachestake an average of eight months to identify, and by then it's toolate. Much like treating a serious illness, the best remedy for anadvanced cyber attack is early detection and aggressivetreatment.

Most credit unions now face the same cyber problems plaguinglarge companies like JP Morgan and Home Depot, but with limitedbudgets and technical resources. Faced with constant and growingcyber threats, what can mid-market credit unions do to level theplaying field?

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