New York State Cybersecurity Requirements: Ensuring CU Compliance – Credit Union Times

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hacker on laptop with coded background Credit/AdobeStock

Cyberattacks have more than doubled since the pandemic, according to the International Monetary Fund, and the risk of extreme losses from cyber incidents continues to increase. The financial services sector is a significant and unique target for cybersecurity threats, with the industry suffering more than 20,000 cyberattacks and $12 billion in losses over the last 20 years.

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