Monday, August 19, 2019

NCUA's ONES Providing Adequate Oversight of CU Cybersecurity Programs

The Office of the Inspector General of the National Credit Union Administration (NCUA) concluded that NCUA's Office of National Examinations and Supervision (ONES) has provided adequate oversight of cybersecurity programs of credit unions.

ONES is responsible for supervising federal credit unions and state chartered credit unions with at least $10 billion in assets and corporate credit unions.

The audit assessed whether credit unions were taking sufficient and appropriate steps to protect the confidentiality, availability, and integrity of credit union assets and sensitive credit union data against cyber-attacks.

Read the report.
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