Many smaller banks and credit unions don’t appear to have a good handle on the real threats they face. Community institutions have limited budgets for membership fees, security technologies and staffing. Larger banks and industry groups need to step up to the plate to help these institutions enhance their security efforts, says John Defterios. As community institutions increasingly become attackers’ favored targets, we have to pool our fraud-fighting resources in a more meaningful way, he says. The financial system is only as secure as its weakest link.”]
Source: https://www.bankinfosecurity.com/blogs/helping-community-banks-fight-fraud-p-1671