CUs Cut Security Spending at the Worst Time

Roy Urrico writes, in a December 9, 2019 article on cutimes.com, that U.S. financial institutions have the highest rate of data breaches despite strict compliance mandates but security spending and encryption rates are decreasing, according to a new study from France-based tech provider Thales.

Credit unions should be strengthening their data security policies and procedures.

TCT offers Regulatory Compliance services and Policy Writing services to help credit unions (particular smaller credit unions) make sure they are in compliance with federal regulations and their policies are addressing the critical aspects of operations.