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Michigan Credit Union League

Cyber-Security Expert: Balance Between Access and Data Safety

Theresa Payton, former chief information officer for the White House, said credit unions need to be prepared for a data breach because it could happen at any time.

ACME – A former White House cyber-security expert said credit unions need to balance the desire to give members the latest and greatest options for accessing their money while still maintaining those members’ data security.

Theresa Payton, former chief information officer for the White House serving under George W. Bush, said credit unions need to be prepared for a data breach because it could happen at any time.

She said cyber security is the top national security threat. But keeping up with the ever-changing threats is virtually impossible.

“Every 90 seconds, a new deviant of malware is found in the wild,” Payton said. She added that creating what amounts to a new threat is as simple as changing one line of code in a malware program, then seeing which Internet security system will fail to catch it.

More money could help solve the problem, but studies show that security budgets would have to increase by a factor of nine to truly keep up, which is unrealistic.

But at the same time, Payton said she believes that those who design technology-human interfaces can do a better job making the technology easier to use.

“We don’t design for the human,” Payton said. “We ask the human to conform to the technology.”

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2015-06-09 00:00:00