40% of credit unions feel vulnerable to cyberattacks

Security and compliance the main challenge facing credit unions

ActionPoint said this extreme increase in cyberthreats is something of concern to all organisations operating online.

Security and compliance are the main challenges facing credit unions, according to a new report.

Over 100 credit union CEO’s and managers were surveyed by technology firm ActionPoint for the study, with 80% reporting security and compliance as the main challenge facing credit unions.