Commitment to Security
At Commonwealth Credit Union, Security is our #1 Priority. We take our role as stewards of your money very seriously and value the trust you have placed in us. We are constantly monitoring our systems and providing safeguards against the newest phishing attempts, scams, cyber threats, and more. Our credit union is laser-focused on cybersecurity all day, every day.
Commonwealth Credit Union is committed to:
- Ensuring that our network security is operating with the most up-to-date software to guard against cyber attacks
- Automating cybersecurity protection 24/7
- Monitoring the Dark Web
- Maintaining a comprehensive disaster recovery strategy
- Adapting our security processes during times of heightened activity
What You Can Do to Protect Yourself
Just as we continually assess and enhance our security posture, we recommend that our business members perform their own periodic risk assessments. Conducting periodic risk assessments helps you identify vulnerabilities, strengthen internal controls, and ensure your organization is protected against evolving threats. Regular reviews of your systems, processes, and employee practices can make a meaningful difference in safeguarding your business.
For business members, periodic risk assessments may include reviewing:
- Online banking access controls and dual controls
- Employee roles and segregation of duties
- Procedures for detecting and responding to unauthorized activity
- Cybersecurity training and awareness for staff
- Vendor and third-party technology risks