The NCUA might gain third-party vendor oversight if Congress takes the advice offered by the Government Accountability Office.
GAO agrees with the NCUA's position that cybersecurity requires additional regulatory muscle.
Affected institutions are encouraged to participate in public comment on the assessment tool.
The council asks financial institutions to assess the state of their cyber-risks.
Security threats, regulator issues, migration challenges all in mix as Microsoft ends XP support in 2014.
Microsoft to end extended support for operating system next year. Data vulnerability among issues cited in FFIEC warning.
The Redwood City, Calif.-based technology vendor Pano Logic, a provider of virtual end user systems to a client list that includes at least three credit unions, had just announced a success story about its partnership with the $3.4 billion Redstone Federal Credit Union of Huntsville, Ala. when the company essentially...
However, the NCUA will follow the guidelines when participating in an FFIEC-initiated technology vendor review, agency said.