User login

FFIEC

MCUA Urges Credit Unions to Take Action on Heartbleed

Apr
14
MCUA Urges Credit Unions to Take Action on Heartbleed

Credit unions in Missouri are urged to take immediate action to address Heartbleed—a security flaw in OpenSSL software. This flaw may allow unauthorized access to passwords or other sensitive data on websites, email, online banking and network services. Initial estimates suggest nearly two-thirds of encrypted websites could be affected.

MCUA and iVia Exchange Services Reviewed

Posted By Nora Holloway read more

MCUA Comments on FFIEC Social Media Use Guidance

Mar
25
MCUA Comments on FFIEC Social Media Use Guidance

The Missouri Credit Union Association (MCUA) has submitted a comment letter about social media guidance to the Federal Financial Institutions Examination Council (FFIEC).

Posted By Sharon Bahr read more

FFIEC Social Media Guidance

Mar
11
FFIEC Social Media Guidance

The Federal Financial Institutions Examination Council (FFIEC), which includes the National Credit Union Administration (NCUA), issued proposed guidance titled “Social Media: Consumer Compliance Risk Management Guidance.” The proposed guidance addresses the applicability of federal consumer protection and compliance laws, regulations and policies to activities conducted via social media by credit unions and other federally regulated fin

Posted By Sharon Bahr read more

FFIEC Releases Social Media Guidance & Requests Comments

Feb
11
FFIEC Releases Social Media Guidance & Requests Comments

The Federal Financial Institutions Examination Council (FFIEC) released proposed guidance entitled “Social Media: Consumer Compliance Risk Management Guidance (Guidance). The Guidance addresses the applicability of federal consumer protection and compliance laws, regulations, and policies to activities conducted via social media by credit unions and other regulated financial institutions. The Guidance does not impose new requirements on credit unions.

Posted By Sharon Bahr read more

Beware: Cyberattacks Update

Feb
04
Beware: Cyberattacks Update

For the past several months, some large financial institutions have been subject to cyberattacks and a number of credit unions have also been impacted in recent weeks.  These attacks are intended to disrupt financial institution websites and operations, and include distributed denial of service (DDoS) attacks, which involve directing a very high volume of traffic to disrupt websites. DDoS attacks do not involve data breach or hacking of a website’s content.

Posted By Sharon Bahr read more

FFEIC Releases Social Media Guidance & Requests Comments

Jan
25
FFEIC Releases Social Media Guidance & Requests Comments

The Federal Financial Institutions Examination Council (FFIEC) released proposed guidance entitled Social Media: Consumer Compliance Risk Management Guidance.

Posted By Sharon Bahr read more

NACHA Resource on FFIEC Internet Banking Authentication

Jul
27
NACHA Resource on FFIEC Internet Banking Authentication

On July 19, 2012, NACHA –The Electronic Payments Association released a resource for financial institutions regarding the implementation of the Federal Financial Institutions Examination Council (FFIEC) Internet Banking Authentication guidance from June 2011.  NACHA’s resource is intended to identify sound business practi

Posted By Sharon Bahr read more

FFIEC Releases Interest Rate Risk Management FAQs

Jan
18
FFIEC Releases Interest Rate Risk Management FAQs

Last week, the Federal Financial Institutions Examination Council (FFIEC) released answers to Frequently Asked Questions (FAQs) about the January 2010 advisory on Interest Rate Risk Management. These FAQs are being adopted by the various banking regulators, including the National Credit Union Administration (NCUA) and State Liaison Committee.

Posted By abucaida@mcua.org read more
Subscribe to RSS - FFIEC