CYBER SECURITY
Cybersecurity Even When Managed by a Third Party Should be Closely Monitored. Here is why...
Recent reports from cybersecurity agencies and companies often indicate that the financial sector is targeted in approximately 25% to 35% of all cyber-attacks, making it one of the most at-risk sectors. This high level underscores the critical need for robust cyber security measures within financial institutions, including credit unions.
For credit unions specifically, implementing advanced cyber security solutions is not just about protecting assets but also about maintaining member trust and meeting regulatory compliance standards. Strategies like regular risk assessments, multi-factor authentication, employee training on phishing and other common attacks, and investing in secure, up-to-date IT infrastructure are essential. Additionally, partnering with technology providers who understand the unique needs of credit unions can enhance your security posture.
Take the Cyber Security Assessment!
COLLATERAL PROTECTION INSURANCE
Exploring New Horizons in Collateral Protection Insurance: The Value of RFPs for Credit Unions
In the fast-evolving world of financial services, staying competitive often means staying curious—especially about how your services are managed and whether they truly meet your needs. For credit unions, this is particularly true when it comes to managing risk through Collateral Protection Insurance (CPI).
If you haven't put your CPI out for a Request for Proposal (RFP) lately, you might be missing out on opportunities to enhance your services, solve ongoing issues, or even reduce costs.
Take the CPI Assessment!
HIGH PERFORMANCE TEAMS
Who plays a crucial role in a High-Performance Team? The leader does! Leaders should provide guidance, support, and empower team members to reach their full potential. They help create a positive work environment that encourages trust, collaboration, and open communication.
What is a high-performance team? are group of individuals who work together with a shared purpose, strong collaboration, and outstanding effectives. These teams consistently achieve exceptional results and surpass explanations They are characterized by their ability to adapt, innovate, and consistently deliver high quality outcomes.
Take the HPT Assessment!