If you’ve ever sat through an audit, prepared for an NCUA examination, or tried to answer questions from your board about cybersecurity, you’ve probably heard someone mention NCUA, FFIEC, or GLBA. Maybe all three. And if you’re like many of the credit union leaders I meet, you’ve probably wondered: “Are these all different regulations? Which ones actually apply to us? …
A few years ago, I was sitting in a conference room with the leadership team of a community credit union. The conversation wasn’t about cybersecurity. It wasn’t about cloud migration. It wasn’t even about technology. The CEO looked across the table and asked a simple question: “Rusty, if we couldn’t open our doors tomorrow morning because our systems were down…what …
