Thank you for sharing!

Your article was successfully shared with the contacts you provided.

One of the biggest challenges credit unions need to prepare for in 2017 is ensuring they can meet cybersecurity compliance requirements. They are certainly not alone. A recent report from cybersecurity research firm CyberEdge shows that nearly half (48%) of organizations surveyed, including those outside the credit union industry, had significant concerns about their ability to manage compliance. But with typically fewer resources in IT security and IT operations, credit unions carry an extra burden as they struggle to balance heightened consumer expectations for faster, more efficient banking and an ever-evolving technology environment with the needs of protecting the organization. It’s no wonder that many in the industry are dreading what’s ahead. Unfortunately, compliance can’t be ignored. So what is going to change in terms of regulations in the coming year, and what is the best approach to managing it all?

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.