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All eyes are on credit unions and regional banks – from conscientious consumers to the watchful eye of regulatory bodies – with seemingly no end in sight to persistent cyber threats and seemingly perpetual security audits. Already, the volume and intensity of data privacy and compliance mandates are putting credit unions between a rock and a hard place.
For those in IT and cybersecurity, this is a problem you've seen first-hand. Yet, the conversation I want to have today is not with those in the trenches, but with the business leaders, executives and boards at credit unions and other financial institutions. I want to put into perspective the reality of many cyber defense and compliance programs today and highlight how many of them are hindering your business.
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