Mieng adds to those topics by sharing the fallout of these risks, which can be very costly to the bottom line — from $190,000 for small credit unions to more than $1.2 million for large credit unions.
She also talks about double and triple dipping, as hackers will return to the "scene of the crime" (your credit union) multiple times for more money. Mieng then tells us about the big business of Ransomware as a Service (RaaS) on the dark web, where bad actors are selling stolen information to other bad actors for a fee.
Check it out and let us know your thoughts. And be sure to watch the entire episode below for all the details.
Mike Lawson, Host
Married to a beautiful and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple.