A panel focused on the hot-button issues involving legislative, regulatory and examination expectations at CU Times' virtual cybersecurity conference, Defending Your Credit Union Against Data Breaches.

Michael Ogden, executive editor of the Credit Union Times, served as moderator for a panel including Larry Fazio, director of examination and insurance at the NCUA; Carrie Hunt, general counsel at  NAFCU; and David Baumann, Washington Correspondent of the Credit Union Times.

Fazio provided an overview of the industry before tacking the top problem credit union trends, which start with interest rate risks and cybersecurity. "We're all sensitized to the real risks cybersecurity presents," Fazio said. Other areas of concern include unauthorized access to member information and incident response, the Bank Secrecy Act, TILA-RESPA and CUSO reporting.

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Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).