AUSTIN, Texas — The Credit Union Information Security Professionals Association is creating a new group to help credit unions and third-party vendors get together to manage risk and develop best practices.
The creation of the Credit Union Vendor Management Alliance, or VMAlliance, was announced at the CUISPA's recent 2008 summit in Austin.
The alliance will bring together credit unions, vendors and regulators to "shape risk-management requirements and bring clarity, efficiencies and cost reductions to the due diligence process," the organization said, and will benefit credit unions and the vendor community.
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