5 things to know this week

by NAFCU Newsroom

NAFCU’s widely read NAFCU Today is credit union leaders’ go-to source for the latest on issues impacting the credit union industry. For those short on time, here’s a roundup of this week’s top need-to-know updates and resources.

NCUA warns of heightened risk of cybersecurity attacks

Following President Joe Biden’s statement elevating his previous warning about the potential for Russia to conduct cyberattacks on the U.S., the NCUA Thursday issued a Risk Alert to advise credit unions of the heightened risk of social engineering and phishing attacks. The Risk Alert encourages credit unions to report any cyber incidents to the NCUA, their local FBI field office or the Internet Crime Complaint Center (IC3), and the Cybersecurity and Infrastructure Security Agency (CISA).

The NCUA has resources available that can help credit unions understand reporting requirements when an information security incident occurs.

 

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