Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
FFIEC Advises Institutions On Windows XP Support Changes
WASHINGTON (10/8/13)--Financial institutions and their technology service providers should identify, assess, and manage the potential operational risks associated with Microsoft's upcoming discontinuation of support for its Windows XP operating system, the National Credit Union Administration and its fellow financial institution regulators urged Monday.

The software giant is scheduled to cease Windows XP support on April 8, 2014. The operating system was first released to consumers in 2001.

Financial institutions must "ensure that safety and soundness and the ability to deliver products and services are not compromised" by this change, an NCUA
release said. The release was cosigned by Federal Financial Institutions Examination Council (FFIEC) members.

The FFIEC was formed in 1978 to promote uniformity in financial institution regulation. It is comprised of the heads of the NCUA, Office of the Comptroller of the Currency, Federal Deposit Insurance Corp., Consumer Financial Protection Bureau, Council's State Liaison Committee, and a member of the Federal Reserve Board.
Other Resources

NCUA Release
RSS print
News Now LiveWire
Goodwill Industries latest to report data security breach http://t.co/gIaXNsT4Bk
7 hours ago
CUNA economist Schenk discusses regulators' focus on interest-rate risk. See CU Magazine: http://t.co/tW1p9rTSSv
8 hours ago
Fed issues annual report on general-use prepaid cards in gov't-administered payment programs. http://t.co/3zPhejSPZt
9 hours ago
Children in foster care face higher risk of identity theft via @NBCNews http://t.co/Dif0hCfBdA
9 hours ago
.@Cornerstone_CUL's leadership conference includes food drive for San Antonio food bank http://t.co/h2O8O4TxuD
10 hours ago