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The NCUA will establish a new office focused solely on agency security and continuity, but the move shouldn’t have a big impact on the 2014 operating budget. Public Affairs Specialist John Fairbanks told Credit Union Times the new office will be comprised mostly of existing NCUA resources.

“There is an ever-increasing focus on, and need for, stronger security, so we performed an internal review of our security functions,” Fairbanks said. “We determined it is best if we consolidated our various security functions under one office instead of the current decentralized model.”

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