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Gigi Hyland: ‘Challenging’ Times for Credit Unions

Gigi Hyland: “Our nation’s credit unions are really finding the current economic environment pretty challenging” Over the past three years, Hyland says the aggregate net worth ratio for all federally insured credit unions dropped from 11.51 percent to 9.91 percent. Hyland lists the top five information security threats facing credit unions: Employee theft of data, misuse of data; external hacks, external hacks and third-party risks from service providers. The NUCU board member also discusses what she expects to see in terms of regulatory reform from pending legislation.”]

Source: https://www.cuinfosecurity.com/gigi-hyland-challenging-times-for-credit-unions-a-2569

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