CUs Have a Major Opportunity to Bring More Value to Business Members

Recent statistics from the National Cyber Security Alliance indicated your business members are the most vulnerable to cyber-attacks.

The avalanche of data breach events in the U.S. continues to plague businesses of all sizes. Headline-making news captures the larger company breach events, but there are thousands of small- to medium-sized businesses that face devastating consequences from criminal attacks … and we just don’t hear about it. In fact, 53% of mid-sized businesses have already experienced a data breach, according to a recent Cisco SMB Cybersecurity Report.

Many credit unions serve the financial needs of small- to medium-sized businesses (SMBs) with services that help them maintain and grow their hopes and dreams. But according to recent studies, lurking in the dark are criminals who are focused on infiltrating these SMBs and creating a nightmare from which many cannot recover. These organizations often have smaller cybersecurity budgets and may not be able to afford a chief security officer or in-house security team able to take on protective and response duties.