Credit union cybersecurity is a fast-evolving scene. Largely, that’s due to a few major factors:
It’s the Credit Union podcast! CU 2.0 is excited to bring you the eighteenth in a series of podcasts from Robert McGarvey. Welcome to the CU 2.0 Podcast, regular interviews with credit union leaders, thinkers, movers, shakers and more.
How long have passwords been around?
How many credit union members want never to use one again?
What are the three must-have biometrics modalities?
When will biometrics effectively supplant passwords in financial services?
Flashback time: when did Apple introduce Touch ID, a tool that thrust biometrics into everyday use for tens of millions of consumers?
Consider the above your pop quiz. How did you score?
It moves fast, you’ll want to hear it.
A sliver of good/bad news: it’s the biggest financial institutions that are carrying the weight of persuading regulators about the efficacy of biometrics and that just may be a blessing for smaller institutions – credit unions included – who can follow behind.
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