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Deep Dive: Credit Unions Work To Keep Members’ Data Private

PYMNTS

Many are leveraging the Automated Cybersecurity Examination Tool, developed by the National Credit Union Administration (NCUA), to bridge this gap. The NCUA will collect data from these areas, which it will then leverage to establish data nationwide standards. Implementing these security practices is costly, however.

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Credit Unions Doing Cyber-Battle

PYMNTS

The February 2020 The Credit Union Tracker ® notes that many CUs already utilize the Automated Cybersecurity Examination Tool provided by the National Credit Union Administration ( NCUA ). That program is detailed in the February Tracker, as are efforts including the California Consumer Privacy Act (CCPA).