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Russian State-Sponsored and Criminal Cyber Threats to Critical Infrastructure

The cybersecurity authorities of the United States, Australia, Canada, New Zealand, and the United Kingdom have released a joint Cybersecurity Advisory (CSA) to warn organizations that Russia’s invasion of Ukraine could expose organizations both within and beyond the region to increased malicious cyber activity from Russian state-sponsored cyber actors or Russian-aligned cybercrime groups.

  • CFPB and Justice Department Caution Auto Finance Companies about Servicemember Protections

    The Department of Justice and the Consumer Financial Protection Bureau issued a joint letter reminding auto finance companies of their responsibilities to recognize important legal protections for military families under the Servicemembers Civil Relief Act (SCRA).
  • Webinar: Cryptocurrency and Blockchain Technology

    Consumers and financial institutions are immensely curious about cryptocurrency and blockchain. And it’s no wonder—the topic is complex and often confusing, and few understand it fully.
  • Question of the Week

    Question: If a member runs an ATM at their business, does that make them a money transmitter? Answer: No. FinCEN addressed this matter in a 2007 opinion that if an owner-operator of an ATM only allows a person to access their account without the ability to send those funds to other persons, that owner-operator is not a money transmitter.
  • InfoSight Disco

    Have you heard? The InfoSight you know and love is being remastered.
  • NCUA Board Issues Proposed Rule on Cyber Incide

    The NCUA Board approved a proposed rule that would require a federally insured credit union (FICU) to notify the NCUA as soon as possible but no later than 72 hours after they reasonably believe that a reportable cyber incident has occurred.
  • CUNA Backs Board Modernization Bill Prior to Committee Markup

    CUNA wrote in support of a bill to modernize federal credit union board meeting requirements prior to its markup by the House Financial Services Committee.
  • CFPB Orders Hyundai to Pay $19 Million for Widespread Credit Reporting Failures

    The Consumer Financial Protection Bureau penalized Hyundai Capital America for repeatedly providing inaccurate information to nationwide credit reporting companies and failing to take proper measures to address inaccurate information once it was identified between 2016 and 2020.
  • Question of the Week

    Question: We have a member that says his divorce decree stipulated that a check for their tax refund is supposed to belong entirely to him. He can only endorse for himself, but can we accept for deposit with his signature and the divorce decree? Answer: No. Check law does not speak to situations such as this.
  • Proposed Rule Review

    The Texas Credit Union Commission (Commission) will review and consider for re-adoption, revision, or repeal, Chapter 91, Subchapter E, concerning direction of affairs, consisting of §§91.501, (Director Eligibility and Disqualification), 91.502 (Director/Committee Member Fees, Insurance, Reimbursable Expenses, and Other Authorized Expenditures), 91.503 (Change in Credit Union President), 91.510 (Bond and Insurance Requirements), 91.515 (Financial Reporting), and 91.516 (Audits and Verifications).
  • Webinar: Cryptocurrency and Blockchain Technology

    Consumers and financial institutions are immensely curious about cryptocurrency and blockchain. And it’s no wonder—the topic is complex and often confusing, and few understand it fully.

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Perspectives Magazine

Perspectives Vol 17 Issue 2

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