Add Cyber Risk to Your List of Worries

Bernice Napach, in a January 15, 2020 article in thinkadvisor.com, writes: “Add business email compromise, aka BEC, to your list of business cyber risks. It’s a growing risk and spreading around the world, according to Michael Driscoll, FBI special agent in charge, Counterintelligence/Cyber Division, in the bureau’s New York office.”

Credit union managers need to make sure policies and procedures are in place to minimize the losses associated with cyber-crimes – both for their credit unions and their members. Cyber-crime has become one of the greatest risks for loss for both businesses and consumers.

TCT’s Regulatory Compliance and Policy Writing Services helps credit unions (especially small credit unions) remain compliant and keep their policies up to date.