Credit unions spend millions of dollars complying with regulation designed to reduce the risk that the use of information technology presents, yet must spend millions more on card replacement and other costs to protect their members when a card processor or vendor is breached.

This article covers lessons learned through many breach responses that can save your organization time and money when preparing for and responding to an internal data security breach. 

Credit union regulatory compliance requirements provide good treatment of the IT risk controls necessary to protect members and the organization from loss. However, the evolving world of cyber threats requires preparation and vigilance by organizations.

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