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ORLANDO—In the event of a catastrophic cyber attack, one expert hopes that smaller institutions, like credit unions, have more than just their existing backup plans to ensure business continuity.

CLEVELAND, Ohio–A judge here has ruled in favor of a law firm over demand letters it had sent and against the Bureau of Consumer Financial Protection.

MADISON, Wis.—A new white paper, “Service through Social Media,” has been published by the CUNA Operations & Member Experience Council.

WASHINGTON–The Financial Accounting Standards Board (FASB) has agreed to propose a credit union-backed change to its current expected credit losses (CECL) standard.

WASHINGTON—In a joint letter, NAFCU and the Defense Credit Union Council (DCUC), relayed concerns to leaders of the Senate and House Armed Services Committees over language included in the fiscal year 2019 National Defense Authorization Act (NDAA) that requires the Department of Defense (DoD) to allow all banks to operate rent free on military installations.

WASHINGTON–The House has voted in favor of a conference report that strikes a provision credit unions said would be harmful to military CUs under the 2019 National Defense Authorization Act (NDAA).

LOS ANGELES–The CEOs of credit unions in California and Ohio have announced their retirements, with successors named at both CUs.

WASHINGTON–A former IT worker for the House of Representatives who has been accused of data theft by some conservative news outlets and whose case gained national headlines has pleaded guilty to an unrelated charge of making false statements on a loan application to his credit union.

SINGAPORE—Credit unions must adapt to a new world in which “no one controls anything anymore-except the customer,” according to one expert.

ORLANDO—Electronically stored information has become the “driver” behind many of the lawsuits hitting credit unions today, and CUs need to be aware of that fact to land on the winning side of court decisions, a panel of attorneys said.