Credit Union Members To Benefit from Heightened Information Security
HERNDON, Va.–April 8, 2002–TruSecure(R) Corporation, a leading managed security services provider that helps safeguard customers with a comprehensive security health program, and CUNA Mutual Group, the leading financial services provider to credit unions and their members worldwide, announced an alliance designed to provide credit unions with a trusted third-party vendor to validate their security program.
CUNA Mutual chose to team with TruSecure after an exhaustive study of the managed security services marketplace. TruSecure was selected based on the proven success of its risk mitigation services, financial stability and customer references. Services TruSecure can provide to credit unions include:
– Scanning to reveal network operating system or application vulnerability in Internet systems
– Testing to discover and exploit weaknesses in a credit union’s network security
– Notify credit unions of emerging threats and provide steps to reduce those threats
– Assess anti-virus protection in place and properly deployed
– Review operational security (i.e., policies, procedures, assessing human factors)
– External and internal assessments for WAN exposure, scanning key systems and security for
– On-site audit of security practices such as employee protection of passwords
“As credit unions expand their Internet accessibility and capabilities, they need to invest as much attention to the new and significant risk exposures that accompany those capabilities,” said Allen Stendahl, vice president of Credit Union Protection support, CUNA Mutual. “A security assessment by one of our Preferred Partners not only satisfies NCUA requirements, it helps ensure security and member confidence that credit unions need to provide.”
An additional catalyst for this agreement is the National Credit Union Administration’s (NCUA) Rule 748, which requires credit unions to develop written security programs. The guidelines also advise credit unions to apply tests to evaluate the key control systems of their security program, and that the tests be conducted or reviewed by persons other than those who operate or manage the systems.
“Being selected as a CUNA Mutual Preferred Partner is yet another indication of our leadership in the information security space,” said Sanjay Mehta, vice president of business development, TruSecure Corporation. “Through this alliance with CUNA Mutual, we look forward to ensuring the confidence and security of members to their credit unions.”
About CUNA Mutual Group
CUNA Mutual Group is the leading financial services provider to credit unions and their members worldwide. The confidence and trust credit unions have in CUNA Mutual is reflected in the fact that it protects, with one or more coverages, 94 percent of the 10,400 credit unions in the United States. Our mission is creating financial security, and our vision is to be the best at serving credit unions and their members. We offer more than 300 insurance, investment and technological solutions through strategic relationships and multiple service channels. No other company in the world offers so many credit union-specific products.
For more information about CUNA Mutual and the other Preferred Partners please visit www.cunamutual.com.
About TruSecure Corporation
TruSecure provides global 10,000 companies with comprehensive enterprise risk management programs that assure the ongoing security of their critical systems and information. By integrating disparate security products and processes into a comprehensive risk management program, TruSecure helps hundreds of companies achieve greater risk reduction at lower cost. TruSecure’s ICSA Labs(R) is the security industry’s central authority for product standards and testing, and today certifies more than 95% of the market’s anti-virus software, network firewalls, cryptography and IPSec products. TruSecure’s monthly magazine, Information Security(R), is the industry’s leading trade publication. Based in Herndon, VA, TruSecure Corporation is privately- held with investors including J. & W. Seligman & Co., J.P. Morgan Partners, Weston Presidio Capital, Greylock and WaldenVC.
For more information about TruSecure, please visit www.trusecure.com.
### TruSecure, ICSA, ICSA Labs, and Information Security are registered trademarks of TruSecure Corporation. All other trademarks and service marks mentioned herein are property of their respective owners.