NCUA Cyber Incident Notifications Requirements

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NCUA Cyber Incident Notifications Requirements

Have you heard about the new NCUA Cyber Incident Notifications Requirements?!?!

Beginning on September 1, 2023, “all federally insured credit unions must notify the NCUA as soon as possible, and no later than 72 hours, after the credit union reasonably believes it has experienced a reportable cyber incident or received a notification from a third party regarding a reportable cyber incident.”

Does your credit union have an Incident Response Plan? If so, be sure to update it with these new requirements!

The notice is available on the NCUA’s website here: https://lnkd.in/diyWSJ7A

#ncua#creditunions#incidentresponse

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