NCUA’s Post

It's time for our larger credit unions to seriously consider separating the CIO (Chief Information Officer) and CISO (Chief Information Security Officer) roles. As a CEO, it's crucial to receive the business perspective independently from the risk perspective to make well-informed decisions. While no rule mandates this separation, I promise you'll wish you'd done it sooner. #AskSynergy #ERM #Strategy #OperationalPlanning

I am hosting a webinar next week around FCA regulations and their relation to Cyber Security in a regulated firm. We have a great mix of regulated firms, cyber security vendors and our own Lanware experts on the panel. What would you ask them? Register at the link (you can also ask questions in the webinar) https://lnkd.in/epMffWEM

This is not surprising. Cyber attacks are the preferred method of criminal activity against business now. Relatively low cost and low risk for the threat actor. Does your cyber security program stand up to your insurance requirements? https://lnkd.in/gSDzBa8q

How can complacency be a silent thief in the world of cybersecurity?  Complacency in cybersecurity can lead to overlooking subtle threats. Remaining vigilant is crucial, especially in the financial industry, where the risk of becoming a target is exceptionally high. Join the insightful conversation with James Fair, the cybersecurity expert from Executech, as he discusses details about the dangers of complacency and the constant need for vigilance in the ever-evolving landscape of cyber threats. 🎧Listen Now: https://lnkd.in/gicWZi2Q #PayPod #Payments #SoarPay #HighRiskMerchantServices #CreditRepairProcessing #SecurePaymentProcessing #PaymentGatewaySolutions #MerchantServicesProvider #PaymentProcessors #OnlinePaymentSolutions #RiskManagement #PaymentSecurity #financialmodeling

How can businesses ensure they have the #cybersecurity services they need when they need them, without disrupting their business or breaking the bank? The answer is a flexible cyber risk retainer, which combines incident response with MDR services that can adapt to meet the specific needs of each business. Read more about how Kroll Cyber Risk goes beyond the limitations of typical IR retainers: http://ms.spr.ly/6046iDawu #IncidentResponse #MDR

How can businesses ensure they have the #cybersecurity services they need when they need them, without disrupting their business or breaking the bank? The answer is a flexible cyber risk retainer, which combines incident response with MDR services that can adapt to meet the specific needs of each business. Read more about how Kroll Cyber Risk goes beyond the limitations of typical IR retainers: http://ms.spr.ly/6045iDQbh #IncidentResponse #MDR

How can businesses ensure they have the #cybersecurity services they need when they need them, without disrupting their business or breaking the bank? The answer is a flexible cyber risk retainer, which combines incident response with MDR services that can adapt to meet the specific needs of each business. Read more about how Kroll Cyber Risk goes beyond the limitations of typical IR retainers: http://ms.spr.ly/6042iE5KO #IncidentResponse #MDR

According to Infosecurity Europe, 44% of cyber security professionals struggle with regulatory compliance. "Regulations such as SOX were considered ‘very complex’ to comply with by 41% of respondents. Additionally, three-quarters said the UK’s Data Protection Act (DPA), NIS/NIS2 and the EU Cybersecurity Act were ‘somewhat complex." - https://ow.ly/UcOb50RIbU9 Through our own research, we've found that organisations, on average, have at least 6 regulations to comply with. If you're in the 44% that struggle with regulatory compliance, take a look at CyberComply, a powerful multi-framework platform designed to automate and support the implementation, maintenance and audit of cyber security, privacy and related frameworks. Start now 👉 https://ow.ly/MEOX50RIbUa #RegulatoryCompliance #SOX #PrivacyFramework #CyberSecurity

🎯 Canadian #SMBs have new support systems through partners they trust like Fuse Financial 🍁 A bank is no longer just a bank. They can be your trusted source for business support and Fuse is leading the charge with their small business cyber hygiene education. Check out the webinar we did together on breaking down the #BoringBasics of cyber security 💪

⚠️ Is your business as protected as you think? ⚠️ Recent Australian Signals Directorate (ASD) data indicates the financial toll of cybercrimes on businesses within the last year has increased by 14%. Safeguard your business with the right cyber policy and follow these steps: 🔐 Activate Multi-Factor Authentication (MFA) 💻 Enable auto-system upgrades 🗃️ Regularly back up important files and device configurations 🛡️ Stay educated with Cyber Security Training To find out more on Cyber Crime within the last year – read more here: https://lnkd.in/gkE4mwyG Speak to a CBN Authorised Broker today to ensure your cyber policy is right for you. 🛡️💻 https://lnkd.in/ewSZkxS #ConnectwithaCBNBroker #CyberSecurity #Safeguardyourbuinsess