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News Now

Washington
Financial Regulators Form Cybersecurity And Critical Infrastructure Working Group
ALEXANDRIA, Va. (6/7/13)--The Federal Financial Institutions Examination Council (FFIEC) on Thursday announced the formation of a new working group to promote critical infrastructure and cybersecurity coordination.

The FFIEC Cybersecurity and Critical Infrastructure Working Group will enhance communication among FFIEC agencies, and further coordinate with other entities such as the Financial Services Sector Coordinating Council (FSSCC), which includes the Credit Union National Association and other financial industry members.

CUNA continues to be engaged on cybersecurity issues, by working with the credit union system, FSSCC, regulators, BITS, and other entities.

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