The Role of Governance and Risk Assessment in Cybersecurity Success

As the financial sector continues to embrace digital transformation, threat actors remain poised to exploit every vulnerability exposed. The ever-evolving threat landscape elicits a proactive cyber risk management solution that can pivot to address emerging threats as they materialize, and credit unions are faced with mounting pressure to prove their ability to prevent, detect, and mitigate those threats. Despite the many unique challenges and requirements in cyber risk management, credit unions can succeed in cybersecurity by establishing effective governance and utilizing risk assessments.