MADISON, Wis. — Credit unions aren't as prepared as they believe they are to fight off cyber attacks, according to CUNA Mutual Group.

"We did a lot of studies as to the quantity and extent of the threat in the credit union market," said Brad Mundine, regional manager of credit union protection risk management. "To paraphrase results: A lot of credit unions seem to underestimate cyber threats. If something happened tomorrow and a CEO was told the credit union had been hacked and they're missing account and PIN numbers for 10,000 members, a large number of CEOs would not be able to answer questions about what steps they take next."

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