Articles and Speeches
Best Practices for Credit Unions That Outsource Technology
February 20, 2015
David F. Katz
In an article published by Credit Union Business, Atlanta partner David Katz provides guidance to credit unions in controlling the risk of a cyberattack when outsourcing technology. The article details seven best practices that a credit union should take to decrease this risk and vulnerability. These best practices are based off the Federal Financial Institutions Examination Council’s (FFIEC) handbook on the matter. Mr. Katz emphasizes that not only should credit unions exercise their due diligence in this area, but in the light of frequent cyberattacks, serious attention should be given by boards of directors and senior management.