ARLINGTON, Va.—Tim Segerson, deputy director at the NCUA's Office of Examination and Insurance, said the NCUA is gradually increasing the number of examiners specializing in cybersecurity, while shifting some generalists to specialists.
Addressing the NASCUS/CUNA Credit Union Cyber Security Symposium on Friday, Segerson said the agency is taking a risk-based approach to cybersecurity examinations rather than adding a large number of specialized examiners.
He told CU Times that asset size would not be the only factor the agency takes into consideration to determine an institution's risk.
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