We have previously written about the FFIEC approach to helping financial institutions think through cyber risk and ways to improve. For credit unions, the National Credit Union Administration (NCUA) has provided more focused context.
A video overview is presented at this link and below:
Our view: Most credit unions we have spoken with already have a mature view of risk and will find the FFIEC approach more basic than what they are already using. But the approach of evaluating preparedness in five domains can be very helpful.
For more information on cybersecurity assessments and risk mitigation contact us at OODA LLC
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