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SAN FRANCISCO--If credit unions believe strong backups alone are enough to blunt a ransomware attack, security experts say that assumption is becoming increasingly risky as threat actors shift their focus to the recovery systems institutions depend on most.

WASHINGTON--The General Services Administration’s (GSA) proposed changes to System for Award Management (SAM) certifications could create new challenges for federal financial assistance applicants, according to America’s Credit Unions, which urged the GSA to withdraw their proposed changes, noting they may be too vague and could create confusion that unintentionally burdens credit unions and community development financial institutions (CDFIs). 

WASHINGTON--Changes outlined in four proposals issued by the NCUA as part of its Deregulation Project have America’s Credit Unions’ support, the trade group said.

WASHINGTON—America’s Credit Unions has filled one of its most closely watched leadership vacancies, with President and CEO Scott Simpson Tuesday announcing the trade group has named Kathleen Coulombe chief advocacy officer.

MADISON, Wis.—CUES announced that Mark Robnett, president/CEO of Justice Federal Credit Union, will assume the role of CUES board chair effective April 1, following the retirement of immediate past Board Chair Richard Romero, who has served the CUES board with distinction for six years.

ALEXANDRIA, Va.--NCUA issued two conviction-based prohibitions in March, the agency announced.