“HACK ATTACK!@!!” Breakout to Address Credit Unions’ Cybersecurity Preparedness

By the time you read this article, another business will have been hacked. The question isn’t whether a hack attack will be attempted at your credit union, but how well will you respond? An Amplify breakout session will provide some solutions.

DDoS Group Says More FI Attacks Are Planned

Cyber bullies have announced plans for more DDoS attacks on financial institutions. The NWCUA Compliance Department offers a security checklist and other resources for credit unions.

ABA to President Obama: Abolish Credit Unions’ Tax Exemption

The American Bankers Association has asked President Obama to abolish credit unions’ tax exemption. In a letter to the White House last week, ABA president/CEO Frank Keating called the exemption “a depression era tax break that has outlived its purpose.”

NCA Security & Technology Insight: The Unique Challenges of Controlling Java Exploits

Java has been a very hot topic for security managers this year due to a steady stream of 0-day Java vulnerabilities that have been disclosed, with many of them being exploited in the wild. NCA Security and Technology Insight tackles the issue this week.

A Credit Union’s Liability After a Hack

Credit unions braced themselves for a coordinated cyber attack that never materialized May 7, but they should not let their guard down. Cyber attack threats are continuous. If your credit union is not properly managing its risks, it could be liable in the event of an attack.

Internet Traffic Warns of Possible DDoS Attacks May 7

Whether it’s a hoax or a real threat, internet chatter warning of widespread cyber attacks on May 7 is a good opportunity for credit unions to review their online security systems.

Will 2013 Be the Year of the Cyber Threat?

In 2012, terms like “fiscal cliff” and “regulatory burden” became part of the credit union lexicon. With the threat of cyber attacks looming, 2013 may see terms like “Project Blitzkrieg,” “DDos,” and “Shamoom” added to the credit union vernacular. Is your credit union prepared?

Alert to Credit Unions: Be Vigilant Protecting Internet Systems

Credit unions must be on the alert in the wake of a massive cyber attack targeting the nation’s largest banks. A Middle Eastern group has claimed responsibility for the hacking, which blocked millions of customers from access to their online accounts for several hours.

Citibank Confirms Hacking Attack

The breach exposed the names of customers, account numbers and contact information of around 210,000 individuals.

Large Data Breach May Affect Northwest Credit Unions

In an open letter posted on its website, RSA, the security division of EMC, said it experienced an “extremely sophisticated” attack in which information related to the company’s SecurID two-factor authentication products were stolen.