The majority of credit unions have serious security concerns regarding insider threats according to the results of survey conducted by Westport, Conn.-based Awareness Technologies in partnership with the CUNA Strategic Services.
Results indicated that 83% of surveyed financial institutions admit their biggest concern is confidential information transferred to unauthorized recipients, while another 52% say they are worried about sensitive data being transferred by use of removable media.
Even more concerning, 77% of all credit unions surveyed said they do not believe or were unsure if they had complete protection regarding internal data threats. However, 62% stated they already have security controls in place.
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Roy Urrico
Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).
