Security is a primary focus for our February subscriber exclusives, and we’ll also provide onsite coverage from the 2020 CUNA Governmental Affairs Conference, Feb. 23-27 in Washington, D.C.
Watch for these and other stories in your inbox during February:
• Active-shooter preparation. The biggest mistake in preparing for an active shooter situation is insufficient training. Credit unions’ active shooter training is evolving to focus on “active survival” or “active victim” approaches that increase survival rates.
• An interview with cybersecurity expert Sherri Davidoff, CEO of LMG Security and BrightWise Inc. She’ll address the dark side of cybersecurity during the 2020 CUNA Cybersecurity Conference with NASCUS June 1-3 in San Diego.
• Robbery preparation and prevention. Take proper steps to protect your people, prevent vulnerability, and reassure members their money is safe.
• Remain vigilant against risk. San Diego County Credit Union Chief Risk Officer Carolyn Kissick educates herself and others about potential security threats.
• The transition away from LIBOR. The London Interbank Offer Rate (LIBOR), the global benchmark short-term interest rate which has governed global financial transactions since the 1970s, will be discontinued by the end of 2021. A global effort to transition away from LIBOR is underway, and the transition could pose risks to credit unions with LIBOR exposure.
Credit Union Magazine’s Summer 2023 issue highlights the lending outlook for the rest of the year, how credit unions leverage fintech companies to boost digital lending, the power of lending partnerships, common Bank Secrecy Act violations, and the shift board members must make when becoming chair.
