WASHINGTON (3/29/16)--Individuals wishing to provide feedback on the Federal Financial Institutions Examination Council Cybersecurity Assessment Tool will have the chance April 7, as part of a National Standards of Institute and Technology cybersecurity workshop.
Increasingly frequent and severe cyberattacks involving extortion sparked a warning to credit unions and other financial institutions from the Federal Financial Institutions Examination Council Tuesday.
The regulatory burdens for credit unions due to the Federal Financial Institutions Examination Council’s Cybersecurity Assessment Tool will be much greater than the council estimates, according to CUNA.
CUNA compliance staff met with National Credit Union Administration staff this week to discuss the details of the new Cybersecurity Assessment Tool issued by the Federal Financial Institutions Examination Council.
It is imperative that Congress take action to eliminate the negative consequences of last year’s changes to the Telephone Consumer Protection Act, CUNA wrote to a House subcommittee conducting a TCPA hearing Thursday.
Plaintiffs, including CUNA and certain state credit union leagues and credit unions, urged a Pennsylvania federal judge today to reject Wendy’s Co. request to dismiss a class action lawsuit against the fast-food giant.
While CUNA’s Compliance Community and CompBlog are the credit union community’s premier source for the latest compliance information, CUNA’s compliance staff will also be going “back to basics” on the second and fourth Wednesday of each month.