In a post-COVID world, cyber-attacks are more prevalent and sophisticated than ever. In the fast-moving, dynamic digital age, credit unions have the responsibility to not only secure their members’ financial assets but also protect their reputational risk as a trusted and secure financial institution of choice.
In this episode of the CUNA News Podcast, Steve Bomberger, head of SEI Sphere, discusses the latest developments in cybersecurity and how credit unions can protect their financial assets, employees, and members.
Among the topics Bomberger addresses in this interview are the latest threats, risk management, third-partnerships, and successful recovery plans.
As Bomberger says, because cybersecurity touches so many aspects of operations and risk, it’s more important than ever that credit unions and their employees make it part of their daily routine.
In this episode:
2:05: About SEI Sphere
3:27: Who should care about cybersecurity?
5:59: Are we doing a good enough job on cybersecurity?
7:42: What do I look for in a cybersecurity partner?
10:07: What is the current threat landscape?
13:22: What are the elements of a successful recovery plan?