The widening gap between understaffed IT departments and growing demands for better, more complicated data security is pushing many credit unions and community banks to outsource the management of their IT networks and security monitoring, according to new research.

In a new survey of about 110 credit unions and community banks, done by Alpharetta, Georgia-based technology security firm Safe Systems, 80% see cybersecurity as their greatest security challenge in the year ahead. However, 31% had just one employee in their IT departments, and 26% had just two IT employees. Only 12% had more than five IT staff employees.  

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Tina Orem

Credit Union Times

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