By taking this course a credit union executive or board member will:
Learn Specific Credit Union Cyber Regulatory Requirements
Know what questions they should be asking of their tech team
Know how to understand and use your credit union’s cyber maturity assessment
Learn how to turn cybersecurity into a business opportunity
WHO NEEDS THE TRAINING
Advisors to the Board
Others interested in developing cybersecurity programs that benefit the organization.
THE BUCK STOPS WITH THE BOARD AND BOARD
LOOKS TO EXECUTIVES FOR ANSWERS
IS THIS COURSE FOR YOU?
This course is for executives, board members and financial leaders; no tech background or experience required. It is designed in language that leaders can follow, for what leaders need to know: The Cyber Laws, Leader-Only Cyber Responsibilities, What Questions You Should be Asking – And Understanding the Answers.
In today’s environment, the whole organization is dependent, sometimes blindly, on the IT department. The threats that an organization faces are growing and becoming more sophisticated. Only a portion of the threats can be thwarted by firewalls, hardware or technological solutions.
The human factor is often the missing element in many of the most publicized breaches. This is why educating all board members and key executives on being active and knowledgeable participants in a company’s commitment to compliance, hygiene, privacy, and data protection is the next big thing.
Under many new laws and regulatory announcements, board members and an organization’s executives are ultimately responsible for cybersecurity lapses. In some cases, new laws specifically require board members to acknowledge in writing the sufficiency of an organizations cybersecurity, privacy and data protection policies.
CONSIDER SOME OF THESE DEVELOPMENTS:
According to the National Council of State Legislatures:
“At least 43 states and Puerto Rico introduced or considered close to 300 bills or resolutions that deal significantly with cybersecurity. Thirty-one states enacted cybersecurity related legislation in 2019…”
Financial loss comes in many forms, not only from penalties which can be assessed.
The cost to repair a breach is estimated at xxxxx global average cost at $3.6 million average cost of a data breach in the United States is much higher at $7.3 million
Financial loss is only one risk of data loss, reputational harm can further result in financial loss through loss of customers or as with Equifax, a downgrading of bonds and thus an increase in cost of debt. Loss of investor confidence or member confidence can have similar results.
In 2019, Chairman of the NCUA, Rodney Hood appointed aSpecial Advisor on Cybersecurity. Hood says, “Cybersecurity is one of my top priorities as Chairman of the NCUA.”
EARN THE CERTIFICATE OF COMPLETION FOR
“CYBERSECURITY TRAINING FOR CREDIT UNION
EXECUTIVES AND BOARD MEMBERS”
CYBERSECURITY FOR CREDIT UNION EXECUTIVES AND BOARD MEMBERS
COURSE NO. CU-101
Module 1: On-Demand
2 hours total, Ten 10-minute segments.
Available February 15, 2020
Available February 15, 2020
Module 2: Instructor led, live, virtual webinar.
EARLY BIRD REGISTRATION
Until February 15, 2020
$495 (regularly $695)
Groups discounts available including site licenses for your whole organization.
Email or call 1-571-800-1955, Option #5