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Trends & Challenges in Protecting CUs From Cyber-Attacks in 2022 & Beyond

A successful cybersecurity plan includes end-user and board training, budgeting, outsourcing and remediation plan prioritizing.

By Dave DelVecchio | October 28, 2022 at 09:00 AM
cybersecurity team works on laptops near network servers Source: Shutterstock.

Credit unions continue to be prime targets of cybercriminals due to the highly confidential nature of the data credit unions possess. Should this data fall into malicious hands, it can result in potential windfalls for the bad guys through the sale of stolen, exfiltrated data, or through the collection of ransom, which can be extorted from the credit union. As we head into a new year, we can determine what trends appear beneficial to protecting credit unions from cyber risks, as well as what challenges may exist as we head into the future.

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