Cybersecurity remains a top concern for credit unions in the digital age – the recent Equifax data breach underscores the necessity of preparedness should a security threat arise. There's really no excuse for a credit union to be without a plan should a hack occur.
Incident response is a two-fold process: Preparation and response. If your credit union gets hacked, there are several things you need to do:
1. Get the right people together to make sound decisions. Smaller credit unions without a technical person on staff should contact their forensic investigator immediately. Involving the experts as quickly as possible is crucial, and you must assemble your response team before contacting members.
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