As we’ve repeatedly seen, vendor cybersecurity incidents can expose credit union or member information, requiring notification to regulators and members, or disrupt credit union operations entirely.
Minimize cyber risks from use of third-party providers
The NCUA has again identified information security as one of its top five priorities, including a particular focus on the risks associated with using third-party service providers. While credit unions can take many steps to manage their own IT assets, mitigating risks associated with your vendors’ systems can be more challenging.
But there are steps you can take to protect your organization. This webinar focuses on practical steps credit unions can take to address these risks, including the following:
- Exploring different types of vendor data security incidents
- Analyzing how regulators are addressing the risk of vendor incidents
- Discussing key aspects of vendor due diligence programs
- Addressing important cybersecurity provisions for vendor contracts
- Discussing the credit union’s obligations following a vendor incident
- Providing guidance for effectively responding to vendor data security incidents to mitigate the reputational, operational, and privacy risks of an incident
Minimize cyber risks from use of third-party providers
The NCUA has again identified information security as one of its top five priorities, including a particular focus on the risks associated with using third-party service providers. While credit unions can take many steps to manage their own IT assets, mitigating risks associated with your vendors’ systems can be more challenging.
But there are steps you can take to protect your organization. This webinar focuses on practical steps credit unions can take to address these risks, including the following:
- Exploring different types of vendor data security incidents
- Analyzing how regulators are addressing the risk of vendor incidents
- Discussing key aspects of vendor due diligence programs
- Addressing important cybersecurity provisions for vendor contracts
- Discussing the credit union’s obligations following a vendor incident
- Providing guidance for effectively responding to vendor data security incidents to mitigate the reputational, operational, and privacy risks of an incident
Learn more
.jpg)
For more on the critical cybersecurity controls you should be using and how they can protect your organization, replay the webinar on demand at:
Top Threats for 2025 (Webinar Replay)
More Insights
View All >
Beazley Security can help protect you
We offer services and solutions to help you prepare and stay resilient in the changing threat landscape. Prepare to learn more about how we can help you
