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NCUA examinations will include an assessment of a credit union’s ability to mitigate cybersecurity threats and respond to attacks, according to the agency’s annual report released Monday.

“Cyber-threats are another challenge financial institutions of all types must face head on. As federally insured credit unions increasingly offer online and mobile banking, they and their members, are at greater risk for cyber-crime,” said the NCUA’s annual report for 2013. “In response to this growing threat, NCUA examinations in 2014 will include an assessment of a credit union’s ability to assess and mitigate cybersecurity risks and respond to cybersecurity incidents.”

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