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Compliance News: October is Cybersecurity Awareness Month
Friday, October 7, 2016 6:30 AM

Did you know that October is National Cyber Security Awareness Month? Launched in 2004, National Cybersecurity Awareness Month is an initiative sponsored by Department of Homeland Security in cooperation with the National Cyber Security Alliance and the Multi-State Information Sharing and Analysis Center. The goal is to raise awareness about cybersecurity and increase the resiliency of the nation's cyber-infrastructure.

In keeping with this month's theme, NCUA announced recently that it was "stepping up" its cybersecurity efforts:

"NCUA has made cybersecurity a top supervisory priority for years, and we're working to update our exam procedures to help credit unions do a better job of detecting and preventing cyberattacks," said NCUA Board Chairman Rick Metsger in an October 3 press release. "We encourage credit unions to use the online cybersecurity assessment tool to help them analyze risk," he added.

NCUA plans to increase its emphasis on cybersecurity with planned enhancements to its examination process, which the agency expects to have in place in late 2017.

During National Cybersecurity Awareness Month, NCUA will also be posting tips and best practices on Facebook and Twitter to help credit unions and members keep their information secure.

Source:  CUNA Compliance Blog