Lackland FCU in San Antonio has contracted Ball Aerospace Technologies Corp. to monitor its computer network traffic for suspicious activity. Ball Aerospace will use computer devices and human analysts to identify abnormal or known hacker activities 24 hours a day.
Credit union universities offer credit unions a way to support business goals through training while they help retain staff. CUNA has just released a "CU University Administrator’s Manual" from its center for professional development. The manual helps credit unions plan, design, implement, and sustain a credit union university. READ MORE
Once the Financial Crimes Enforcement Network’s new customer due diligence rule becomes effective May 11, 2018, credit unions will be required to identify and verify the beneficial owners of business-type accounts.
Atlanta-based Arby’s restaurants has acknowledged a data breach involving approximately a number of its corporate-owned locations, reports Krebs On Security. The breach is estimated to have occurred between Oct. 25, 2016, and Jan. 19.
Federal Reserve Chair Janet Yellen testified before Congress this week, and her remarks match CUNA economists’ prediction of moderate economic growth in 2017. Perc Pineda, senior economist at CUNA, also predicted rate hikes this year.