Measure the board's cybersecurity readiness

Board members are tasked with ensuring the credit union complies with rules and regulations designed to protect members’ data and privacy. But how involved in the credit union’s cybersecurity program does the board need to be?

“The board is the top of the decisional food chain,” says David Reed, attorney, consultant, and trainer with Reed and Jolly PLLC. “They don’t have to be experts in cyberthreats and the defenses that are available, but the board is responsible for the direction and control of the credit union.”