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CUNA, Diebold Partner for RiskWatch

NORTH CANTON, Ohio - CUNA Strategic Services, Inc. and Diebold, Incorporated have teamed up to jointly market a comprehensive security software program to credit unions called "RiskWatch for Financial Institutions." The risk assessment tool is designed to help credit unions better safeguard consumers' personal financial information. It was developed to...

By Staff Writer | Updated on August 09, 2005

NORTH CANTON, Ohio – CUNA Strategic Services, Inc. and Diebold, Incorporated have teamed up to jointly market a comprehensive security software program to credit unions called “RiskWatch for Financial Institutions.” The risk assessment tool is designed to help credit unions better safeguard consumers’ personal financial information. It was developed to assess compliance with the Gramm-Leach Bliley Act, which grants federal agencies and state government permission to administer and enforce the Financial Privacy Rule and Safeguards Rule and the FFIEC Information Systems Guidelines, as well as assessing facilities access. CUNA Strategic Services also finalized an agreement to market Diebold’s physical security products to credit unions ranging from security vestibules, safes, modular vaults and vault doors to safe deposit boxes, bullet-resistive barriers, drive-up windows and drawers, under counter cabinets and remote transaction products. “We feel strongly that the RiskWatch security software, coupled with Diebold’s innovative physical security products, makes good business sense for our members,” said Wes Millar, senior vice president at CUNA. “It will also help them comply with security guidelines and standards.” “Credit unions can’t afford not to invest in this kind of proactive measure,” added Diebold Global Security Vice President Dennis Moriarty. “In the long run, the reward of having and implementing RiskWatch software far outweighs the risk of not having it.” More information can be found at the RiskWatch Web site at www.riskwatch.com.

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