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WASHINGTON— Ransomware-related SARs and the frequency of those filings have increased within the first six months of 2021 and have already surpassed the totals for the entire 2020 calendar year, according to a new report on ransomware trends from the Financial Crimes Enforcement Network.

NASHVILLE, Tenn.–More jobs continue to be added to CUToday.info’s free job board, The Gig.

ALEXANDRIA, Va.–Over the “strong opposition” of its chairman, the NCUA board has voted 2-1 in favor of expanding lending authority for credit union service organizations (CUSOs) to allow loans to be made directly to credit union members.

ALEXANDRIA, Va.–The NCUA board has voted 3-0 to adopt its final rule on the CAMELS rating system, approving a plan to add an “S” for market sensitivity to its examination tool. 

ALEXANDRIA, Va.–Members of the NCUA board were given an update on cybersecurity related risks and issues within credit unions and the agency itself, while CUs were offered a checklist for better “cyber-hygiene.”

ALEXANDRIA, Va.–The issue of losses to credit unions and the NCUSIF as a result of CUSOs was again raised during the NCUA board meeting, this time with a few more details around how the agency arrived at the figures it has been citing.