The latest from Amber Goodrich

Aug 14, 2019 - by Amber Goodrich, CSI

6 ways your credit union can violate OFAC’s 50 percent rule

In November, the Federal Financial Institutions Examination Council (FFIEC) issued a Joint Statement on Office of Foreign Assets Control (OFAC) cybersecurity sanctions. It warned that many entities sanctioned for malicious ...

Jun 17, 2019 - by Amber Goodrich, CSI

OFAC’s new compliance framework: 5 takeaways for credit unions

Recently, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) published “A Framework for OFAC Compliance Commitments” to help organizations—including credit unions—take a ...

Mar 19, 2019 - by Amber Goodrich, CSI

Take 8 steps for CCPA compliance

California is the first state to pass a comprehensive consumer privacy law with far-reaching implications. First, the California Consumer Privacy Act (CCPA) can affect organizations without a physical location in ...

Dec 19, 2018 - by Amber Goodrich, CSI

Re-instated Iran sanctions: What do they mean for your credit union?

On May 8, 2018, President Trump announced his decision to withdraw the United States from the Iran Deal, also known as the Joint Comprehensive Plan of Action (JCPOA), a treaty ...