Think Stack

Key area of focus #4 for transitioning leaders of credit unions:
Know Your Budget and What You Can Afford.
As new leadership develops a clear vision for the near and distant future, it will be necessary to create a short-term, and long-term IT budget. A vision without the right resources could stall, delay or prevent progress and action.

Credit unions navigating leadership changes must keep IT a primary focus - technology is the hub through which daily operations occur.

Key area number 2:
Identify What to Keep or Migrate and What Is Duplicate or Obsolete.

New leadership presents an opportunity for the credit union to explore new possibilities. What hardware will you need? How will you handle technical support? How can you leverage the cloud for better security and scalability? What will you assign to internal, full-time IT staff, and what can be better accomplished with partners and vendors?

The third and final Top IT project to consider in 2023 for smaller credit unions to improve their competitive advantage!

3) Password-less Identity Access & Management Implementation

Password-less authentication refers to a method of verifying a user's identity without the use of a password.

It can be difficult to think of new passwords and with so many devices and apps requiring them, a real challenge to remember them all. However, strong passwords are extremely important to protecting personal and professional data and devices.

Password or credential stuffing is a cyberattack that tries “stuffing” already comprised username and passwords from one site into another site in hopes that the user uses the same login information across platforms.

A password-less solution improves user experiences by eliminating password and secrets fatigue, and providing unified access to all applications and services. This also strengthens security by eliminating risky password management techniques and reducing credential theft and impersonation.

Contact us to learn more!