Compliance Compass: examiners to look at
League Regulatory Counsel
Federal regulators, including the NCUA, will
begin a cybersecurity pilot program this summer, in which examiners will
assess the cybersecurity vulnerabilities and risk mitigation efforts at
500 community financial institutions.
About half of the selected institutions will
be credit unions, and it is likely that some credit unions in Wisconsin
will be involved.
The League's Compliance Courier (login required) has
details, including links to several resources that can help your credit
union address cybersecurity effectively.