Cybersecurity Solutions to be Showcased at MAXX 2019
October 8, 2019
October is National Cybersecurity Awareness Month. While official designation is a good reminder for people and businesses to perform security “checkups,” cybersecurity is a 365-day, 24/7 concern for credit unions.
Northwest Credit Union Association members will find solutions at MAXX Convention in Spokane next week. Many of the more than 130 exhibitors at the Strategic Link Trade Show offer services to credit unions that help them protect their operations and secure their members’ information. One such partner, IP Services, will provide credit unions with a path forward during a breakout session, “Cyber Hygiene: Five Practices Every Credit Union Should Implement,” on Wednesday, Oct. 16 at 12:45. p.m. IP Services specializes in providing end-to-end solutions around credit unions’ cybersecurity and IT management systems.
“Credit unions today need to be particularly vigilant around all cybersecurity hygiene, and it’s not an easy task,” said Scott Alldridge, CEO. “One of the key things that credit unions need to be very careful about is making sure that they have a process and a verification for patching all of their systems and devices. They need to be equally concerned about their IT processes as much as they are about their cybersecurity technologies.”
Alldridge said the session will introduce five practical security practices that have the greatest proven impact on cybersecurity threats for credit unions, regardless of their asset size or structure. Studies have confirmed when such cybersecurity solutions are implemented, 93% of breaches can be avoided. In addition, credit unions will be in regulatory compliance, and will realize significant operational efficiencies.
The Cyber Hygiene presentation will dive into analytical data to give insight as to where credit unions should focus their budgets and attention to improve their cybersecurity.
NWCUA provides an array of services to compliment those provided by Strategic Link business solutions partners. The Cybersecurity Resource Center is richly stocked with information that credit unions’ compliance and IT teams can leverage, including:
- Guidance from regulators
- Government and public sector publications
- Operational best practices
- Cybersecurity insurance tips
- Relevant articles
Editor’s note: Your Association’s compliance services include access to the Compliance hotline (800) 546.4465 and an extensive online library of additional resources. Strategic Link can connect you to business solutions partners. Reach out to Jason Smith, Vice President, Strategic Resources.