Leading Shark Talks Cyber Security
ABC’s Shark Tank Robert Herjavec Shares Wisdom
July 26, 2017
VIENNA, Austria — Robert Herjavec, founder of Herjavec Group, a global leader in information security and a leading shark on ABC television network’s show Shark Tank, addressed delegates at the general session at the World Credit Union Conference on Tuesday, 25 July, sharing insight and experiences on rising cyber security threats.
“Risk is very hard because it can be really scary. Without risk and innovation, you cease to become relevant,” said Herjavec who shared personal stories on risk taking, the drive to succeed and lessons learned from his family’s success and what was gained in joining a “much more personal credit union versus a huge, nameless bank” for a better quality of life.
Herjavec highlighted the increasing risk of potential security breaches we face personally and professionally daily arising from the fast-moving technology industry. “You can get a lot of customers on the internet but if you have a security breach, customers can easily leave you and go elsewhere,” he warned. “Customer loyalty doesn’t exist anymore unless it’s value added.”
During Tuesday's general session, World Council also welcomed Brian McCrory as the newly-elected Chair of World Council of Credit Unions Board of Directors, as well as introducing the newly-appointed board members. “Based on mutual interest we can capture, foster and enable cooperation on a global basis for our members, and our members’ members,” said new chair McCrory.
The day continued with an engaging lineup of breakout sessions led by industry experts in cybersecurity, digital payments, succession planning and brand messaging for credit unions. World Council hosted the Small Credit Union Forum to highlight the sustainability of small credit unions as agents of development within their communities. Industry peers gathered and shared creative ways to overcome size and resource challenges.
The Future Forum united large credit unions to dialogue and network on issues relevant to their operations such as cyber security and strategies on membership and asset growth.
The 2017 World Credit Union Conference runs through 26 July. Follow conference activities, including daily event photos, on Facebook and Twitter with #WCUC2017.
World Council of Credit Unions is the global trade association and development agency for credit unions. World Council promotes the sustainable development of credit unions and other financial cooperatives around the world to empower people through access to high quality and affordable financial services. World Council advocates on behalf of the global credit union system before international organizations and works with national governments to improve legislation and regulation. Its technical assistance programs introduce new tools and technologies to strengthen credit unions' financial performance and increase their outreach.
World Council has implemented 300+ technical assistance programs in 89 countries. Worldwide, 68,882 credit unions in 109 countries serve 235 million people. Learn more about World Council's impact around the world at www.woccu.org.