President Donald Trump signed an executive order Thursday calling for reviews of the federal government’s cybersecurity vulnerabilities, directing adoption of specific security practices and directing agencies to provide a risk management report within 90 days.
An updated cybersecurity framework should not create additional requirements, nor should it apply a one-size-fits-all approach for credit unions to demonstrate readiness, CUNA and the ICBA wrote Monday in response to a proposed update of cybersecurity framework.
CUNA wrote in support of legislation Monday that is a step forward in addressing the threat of litigation under the Americans With Disabilities Act, urging legislators to consider how credit unions are being impacted by frivolous litigation.
After weeks of hurricanes, and now wildfires, it’s more important than ever for credit unions to be prepared for disasters. Federally insured credit unions are required to have disaster recovery and business resumption plans.