CUNA represented credit unions in a cybersecurity panel discussion that took place in Washington Monday.
Representing CUNA at the event, hosted by Center Forward, was Lance Noggle, CUNA senior director advocacy for payments and cybersecurity. Noggle discussed why credit unions see data security as such an important issue and why the problems cannot be solved through technology alone.
Credit unions see data security as an important issue and problems cannot be solved through technology alone, CUNA Senior Director Advocacy for Payments & Cybersecurity Lance Noggle told attendees at the Center Forward panel.
CUNA wrote a letter to Congress in to address the important role for the federal government in requiring cyber preparedness for other industries and working to protect financial institutions and from cyber-attacks
The Information Technology & Innovation Foundation (ITIF) discussed technology and its impact on cyber security. ITIF also strongly supported data security legislation as a solution to protect consumers.
Credit unions are dedicated to protecting member and customer information along with working to ensure that systems used to provide financial services to Americans are robust, secure and resilient. Cyber risks are becoming more prevalent and financial institutions continue to suffer losses from merchant data breaches.