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You are only as strong as your weakest vendor link, and it is important to avoid permitting vendor engagements to increase risk for your credit union. Vendor selection and ongoing management of vendors has never been more important, based on the current threat landscape. Vendors can help your credit union achieve cost-effective and cyber-protected success through the prudent selection and maintenance of technology and equipment. But they are also capable of increasing cyber risk, making narrow-minded technology recommendations, looking back instead of forward and being resistant to change.
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