The Federal Financial Institutions Examination Council (FFIEC) updated its “Cybersecurity Resource Guide for Financial Institutions” Tuesday. The FFIEC wrote that the purpose of the guide is to “help financial institutions meet their security control objectives and prepare to respond to cyber incidents.” The update to the guide reflects the increase of ransomware attacks and includes “ransomware-specific resources to address this ongoing threat.”
In the latest insight post on NAFCU’s Compliance, Risk, and BSA Network, Senior Counsel for Research and Policy Andrew Morris shares the most recent concerns surrounding P2P fraud and how the financial industry is combatting these situations to better protect consumers.
With the 2022 election season well underway, NAFCU remains committed to supporting credit union champions in races across the country and assisting credit unions in getting the message out on issues important to them. For credit unions looking to join NAFCU's advocacy efforts, the association’s Grassroots Action Center is a one-stop shop to access a number of resources, including voter registration, candidate lookup, and action alerts.
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Registration is still open for the NCUA’s third annual diversity, equity, and inclusion (DEI) summit this fall. This year’s event, All-In on DEI & ACCESS, is scheduled for Nov. 2-4, 2022, and will be held in-person in Herndon, Va., and virtually.
As credit unions work to meet the needs of more than 133 million Americans, NAFCU's award-winning regulatory compliance team continues to keep credit unions informed with new posts on the Compliance Blog, published every Monday and Wednesday.
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