Cyber Security Controls Implementation For Credit Unions

Our security as a service control measures will boost the security for your systems and database by preventing attacks and monitoring the traffic for signs of threat

         Credit Unions are increasingly getting targeted for cyber attacks and hacking. The lack of advanced security measures or network controls often leaves entry points exposed to criminal attacks. Credit unions are now mandated to focus on protecting sensitive member data from theft. A large number of credit unions have started taking the threats seriously, a step in the right direction.

Understanding Security Control Implementation

Credit unions have a special need for protecting their member information and credit data. Systems breach can have a variety of negative effects. Cyber attacks can lead to system lockdown, delays in processing, identity theft and financial losses to the business.

A credit union can also lose its reputation. Customers work with a business because they trust that it will keep their information secure and private. Most credit unions keep sensitive client data in their accounts including SSN, bank account numbers, transaction history, and employment or salary details. Protecting this vital data is important for building client trust.

Cyber Security Controls for Credit Unions 

Credit Unions of today face a dilemma. On the one hand, they must provide online, cloud-based services to clients. They need to make it easier for customers to access their accounts from anywhere. The services must also be available round the clock.

At Torii, we have designed a Cyber Security Control (CSC) implementation plan aimed specifically at Credit Unions. Our control program will allow credit unions to ensure security compliance with regulations while improving the data management, reporting and accessibility for your entire infrastructure.

Why you need CSC Implementation

Most Credit Unions do not hire an extensive IT team. The entire system management and security function are usually carried out by a single individual who isn’t necessarily an expert in security controls. Due to limited funding for IT budgets, credit unions have to make do with what they can spare.

This is the main reason why many credit unions lack insight about advanced security measures and precisely why they get targeted so often.

Whether you use ACET or CAT, Torii CSC provides you with a single pane of glass where you have an end to end view of you Bank security posture.

ACET can be overwhelming and you need a partner that puts you ahead of your examiners by collecting data directly from your environment which is relevant for you ACET examination.

We have plugins into our CSC tool that continuously monitors and advances your maturity.

You don’t have to stop once you have determined your maturity level(Baseline, Evolving, Intermediate, Advanced, Innovative) Torii provides you with a path and guarantees that we will take your maturity to the next level.

The Critical Cyber Security Controls

The critical CSC controls are a set of best practice actions designed by the Center for Internet Security (CIS). The controls outline the actions that must be taken to understand and prevent cyber attacks from affecting a business procedure. The controls can be divided into three categories; basic foundational and organizational.

By implementing controls in one stage, an organization can progress to an advanced certification stage and improve its cyber security. Torii supports the integration of these controls automatically into NCUA standards and the audit system ACET. By implementing our critical CSC your credit union can move to a more advanced certification stage with ease.

Are you interested in a Torii ACET Demo?

Let our team of security experts walk you through how implementing the Torii ACET can dramatically harden your security posture.

Risk Reduction

CIS controls also allow organizations to not only mitigate risks of cyber-attacks, they also reduce risks of data loss while help enforce policies that comply with various industry regulations.

Espionage

Cyber-attacks focusing on espionage may range from an industrial espionage to an espionage whereby a foreign government may use social engineering to wreak havoc so as to further their agenda, e.g. stealing military secrets.

Web App Attacks

From buffer-overflows to SQL injection, hackers have various techniques at their disposal to attack web applications. Check out how our solution helps an organization address these attacks.

Reduce Cyber Attack

Implementing a phased set of prioritized CIS controls helps organizations mitigate risks from cyber-attacks.

Denial of Service

Prevent denial-of-service cyber-attack and protect your environment against perpetrators that seek to make a machine or network resource unavailable by temporarily or indefinitely disrupting services of a host connected to the internet.

Point of Sale

Point-of-sale assets that have been compromised can result in serious financial and legal exposure of retail and financial institutions’ information. Check how our solutions can help address these matters.

Community Validated

These CIS controls are validated by a community of cyber security professionals as well as educational and commercial organizations dedicated to mitigate cyber-security attacks.

Payment Card Skimmers

Cyber-attacks on devices that accept payment cards may lead to companies being financially impacted while possibly face legal penalties as levied by their customers.

Lost & Stolen Assets

Lost and stolen assets can lead to credentials, as well as existing data of these assets, to get compromised. Explore how you can address this using our solutions.

Critical Security Controls

The Center for Internet Security (CIS) Top 20 Critical Security Controls (previously known as the SANS Top 20 Critical Security Controls), is a prioritized set of best practices created to stop the most pervasive and dangerous threats.

Crimeware

Many spyware programs, browser hijackers and keyloggers can be considered as crimewares, although only those that have been used illicitly. One common type of a crimeware is the phishing kit.

Privilege Misuse

IT administrators have unlimited access to a company’s most valuable assets: sensitive corporate information, critical hardware, data and database management systems. The extent of damage may be limitless.

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