This Insights article was contributed by Kyle Hanlon, Corning Credit Union Information Security Analyst, and Keith Vandegrift, Corning Credit Union Information Security Team Leader.
A data breach or loss of data of some kind is a major area of concern for many. Whether it’s a business’s data or personal data, any unauthorized access or leak of information could be damaging. As more and more digital disrupters enter the online financial services space, financial institutions (FIs) need to adapt quickly to remain relevant and serve their members. While many FIs have safeguards in place to help protect data, it’s important to understand the role everyone should play to ensure information remains secure.
Understand how your financial institution protects data
By understanding how your FI protects your data, you’re one step closer to becoming fully aware of how your information and data is being secured. Security-minded institutions that focus on data security often demonstrate their efforts through education and awareness. In addition to education and awareness efforts, other actions are taken, such as investments in secure services like online banking, and good practices to accurately identify and validate customers when providing services. If you’re unsure of how an institution is protecting you and your data, ask a representative from the credit union or bank to ensure your data is safe.
Take the necessary steps to keep your information safe
Even though your FI is doing its best to protect your data and information, you also need to take the necessary steps to keep your information safe. In most instances, fraudsters are casting a big net in an attempt to gather information, which means everyone is potentially at risk. That’s why everyone must play a role in data security; not just the FI. Partner with your institution and digital services providers to ensure you’re doing your part to protect information. Here are a couple of quick tips to get you started:
Wilmington Plans To Demolish Longtime Downtown Offices
Emma Dill
-
May 15, 2024
|
|
Olivero's New Menu To Highlight Seasonal Flavors
Katie Schmidt
-
May 15, 2024
|
|
Sale Of The Second Glass To Make Way For New Concept In South Front District
Jessica Maurer
-
May 14, 2024
|
|
Proposed Pod Community Delayed By Building Code Concerns
Emma Dill
-
May 13, 2024
|
|
Truist’s Charlie Mattox Moves To Atlantic Union Bank
Audrey Elsberry
-
May 13, 2024
|
As Southeastern North Carolina’s only commercial mead maker, Retro Meadery has given many local customers their first taste of mead – a ferm...
Meet the category winners for this year's Coastal Entrepreneur Awards. CEA’s goal is to shine a spotlight on up-and-coming companies, helpin...
When two Surf City dudes, Cody Leutgens and Steve Christian, realized the community they loved had a shortage of good, casual restaurants, t...
The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.