Press
Inaugural Credit Union Cyber Security Symposium begins today
ARLINGTON, VA (November 13, 2014) — The much-anticipated inaugural Credit Union Cyber Security Symposium will begin today at the Hyatt Arlington in Arlington, Va.
The event has drawn executives from credit unions, regulator and government agencies, trades and private sector security response firms. It is being hosted by NASCUS in partnership with Credit Union National Association, and emceed by IT security firm TrustCC.
Today’s sessions will include:
- “What is Cyber Security?” – Tom Schauer, TrustCC
- “Life in the Breach” – Ian Harper, Formerly with Pentagon Federal Credit Union
- “The State of Cyber Security” – Julia Philipp, U.S. Department of the Treasury
- “Legal Risk: Protecting the Credit Union” – Randy Gainer, BakerHostetler
- “NIST & Risk Assessment Frameworks” – Holly Chase, Massachusetts Division of Banks
- “Payment Systems Sleeper Risk” – Paul Reymann, McGovern Risk Advisors
The symposium comes on the heels of the Federal Financial Institutions Examinations Council’s (FFIEC) release of a report of its observations on the recent cyber security examination work program, and their recommendations that regulated financial institutions participate in the Financial Services Information Sharing and Analysis Center (FS-ISAC). (To review the report in its entirety, click here. To read NASCUS’ summary of the report, click here.)
“I have said before that the state-chartered credit union system offers the greatest opportunity to assure the future safety and viability of the credit union business model,” said NASCUS president and CEO Lucy Ito. “Drawing awareness to cyber security risks and offering ways to mitigate these risks is an important way NASCUS is promoting the safety and soundness of state-chartered credit unions.”
The symposium will adjourn Friday at 3:45 p.m.
About NASCUS
The National Association of State Credit Union Supervisors (NASCUS) is the primary resource and voice of the state governmental agencies that charter, regulate and examine the nation’s state-chartered credit unions. NASCUS membership is made up of state-chartered credit unions, state regulators and other supporters of the state credit union system. NASCUS is the only organization dedicated to the defense and promotion of the state credit union charter and the autonomy of state credit union regulatory agencies. To learn more about NASCUS, visit www.nascus.org.