As we learn more about the mechanisms behind the massive Target data breach, the very real risks posed by third-party network access come into sharper focus. Credit unions, like organizations in nearly every other sector, often rely on vendors and other external partners to perform a variety of functions, such as payroll processing, benefits administration, facility maintenance and even employee training.

While these outside relationships are crucial, vendors’ access to sensitive data must be closely managed as part of the organization’s broader breach prevention strategy. Fortunately, credit unions have a number of tools available that can reduce the risk of vendor access and help the company maintain a strong security posture.

The implementation of effective security protocols begins with a determination of which data sets require the highest levels of protection. Credit unions and other financial institutions manage and store many different types of highly confidential data – member account numbers, Social Security numbers and other personal information.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

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 © 2024 ALM Global, LLC. All Rights Reserved.