America’s Credit Unions members are encouraged to access updated quarterly peer analysis reports, released earlier this week. The reports are based on the most recent NCUA Call Report data and provide credit unions with the tools needed to compare their individualized financial and operating metrics with peer averages. The three reports available now include: The …
Federally insured credit unions could be required to submit cyber incident reports within 72 hours following a new proposal from the Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA). The agency Wednesday posted a Notice of Proposed Rulemaking (NPRM) required by the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA). The …
A new report from the U.S. Department of the Treasury identifies potential opportunities and risks for artificial intelligence (AI) on the security and resiliency of the financial services sector. The report covers multiple ways to address AI related changes, including: “In the coming months, Treasury will work with the private sector, other federal agencies, federal …
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