WASHINGTON—As October comes to a close, CUNA is reminding it was Cybersecurity Awareness Month and its compliance team offered a reminder on the “basics” CUs should be following to protect themselves against cyber threats.
Citing data shared by NCUA, CUNA said key steps CUs should be taking include:
- Employees know to be wary of any COVID-19 emails especially those from outside of the credit union
- Employees know to exercise increased caution when asked to enter credentials and via social media, links, emails etc. - and when downloading attachments
- Credit union systems and applications leverage multi-factor authentication
- Employees know to keep passwords secure, and never reuse passwords on different accounts
- If a target of ransomware – consider not following the demands to get the information back because the information held for ransom will likely be made public anyway
- Determine if cyber insurance is right for your credit union
- Use VPN – and limit access to certain information when remote
- Manage bandwidth and adjust accordingly