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Credit Union Industry Risks Significant Financial Impact Due to Cybersecurity Vulnerabilities, According to Black Kite
New Report Reveals Leaked Credentials, Legacy Systems and Vendor Vulnerabilities as Greatest Sources of Cyber Risk for Credit Unions
Key Findings:
- Cyberattacks on vendors have a potential financial impact on credit unions that could exceed $1 million per event.
- Eighty-six percent of credit unions and 76% of vendors servicing the credit union industry have breached employee credentials available on the dark web.
- More than 66% of credit unions and 88% of vendors lack email security to prevent spoofing and phishing attacks.
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