Are you still in the school of thought that the internet of things (IoT) is still a couple of decades away? Well, that’s not the case. IoT is here today and credit unions need to address the financial side of things when it comes to managing and securing these new “smart machines”.
We invited TMG fraud prevention manager Ashley McAlpine on the show to discuss security concerns regarding today’s (and tomorrow’s) internet of banking things. We specifically discuss what the security concerns are and their possible devastating consequences. Ashley also lists four best practices for securing those internet of things, specifically in the banking arena.
You can listen to more episodes of CUbroadcast, and other fintech shows, on the BankNXT podcast page. Enjoy!
READ NEXT: Go fintech or go home (and don’t be techfin)
– This podcast is reproduced with kind permission. Some minor changes may have been made to the text to reflect BankNXT style considerations, but the podcast itself is always unchanged. Read more here. Photo: wk1003mike, Shutterstock.com