ARMONK, N.Y.—Globally, the impact of a data breach on an organization averages $3.86 million, though more serious "mega breaches" can cost hundreds of millions of dollars, according to a new study.
Fresh Today
ALBUQUERQUE, N.M.–The Albuquerque market has been hit with a number of aggressive financial scams that go as far as to include home visits.
ORLANDO–The National Association of State Credit Union Supervisors (NASCUS) has seated the new members of its Regulator Board and its Credit Union Advisory Council. The new members were seated at the NASCUS Summit here.
WASHINGTON–The House has passed H.R. 6147, the Financial Services and General Government (FSGG) Appropriations Act for Fiscal Year 2019, which includes language that would delay NCUA’s risk-based capital rule two years until Jan. 1 of 2021.
NEW ORLEANS—The Federal Housing Finance Agency (FHFA) "is unconstitutionally structured and violates the separation of powers,” according to a ruling by the Fifth Circuit Court of Appeals.
AUSTIN, Texas–It is one of the most overlooked areas within credit unions, and yet also one of the most critical: the onboarding of new employees.
WASHINGTON—Federal Reserve Chair Jerome Powell says "with appropriate monetary policy, the job market will remain strong and inflation will stay near 2% over the next several years." But Powell added that trade policy, including tariffs being imposed by the Trump Administration, could cast a shadow over that forecast.
ORLANDO—Pricing advantages won’t cut it anymore and credit unions must get much better at delivering a superior member experience, says one analyst.
SINGAPORE — Digital technologies are becoming more “human,” according to one person here, who said there are three things CUs should be doing to “future-proof” themselves.
ALEXANDRIA, Va. – Nine federally insured credit unions subject to civil monetary penalties for filing late Call Reports in the fourth quarter of 2017 have agreed to penalties totaling $3,109, according to NCUA.