COMPLIANCE REQUIRED: Identify what your credit union needs to have in place by January 2012.

Because more credit union members are conducting transactions online, NCUA and other federal financial regulators issued updated guidance in June 2011 to address Internet threats which have changed significantly over the past several years. Sophisticated hacking techniques and growing organized cyber-criminal groups are increasingly targeting financial institutions, compromising authentication mechanisms and security controls and engaging in online account takeovers and fraudulent electronic funds transfers.

Join your credit union peers and take a close look at what the NCUA expects credit unions to do to be in compliance with this guidance. You will also hear what the examiners will be looking for when they come into your credit union.

Joining Catherine Yao, information systems officer in the NCUA Office of Examination & Insurance, will be a representative from one of Credit Union National Association’s strategic partners to further discuss the guidance. A credit union IT professional will also be part of this webinar to provide a look at how they plan to implement the new guidance and share some best practices.

This event is produced by the CUNA Center for Professional Development and endorsed by the CUNA Technology Council.

Through this webinar, you will:

• Hear what NCUA expects credit unions to have in place by January 2012
• Identify what the examiners will be looking for
• Learn about the three main components of the guidance including risk assessment, layered security and customer awareness
• Hear how you can make sure your credit union is in compliance with the requirements
• Learn best practices to help in your efforts

Learn more on this topic:

• NCUA Letter to Credit Unions on this topic, learn more.
• Supplement to Authentication in an Internet Banking Environment, learn more here.

Just like in face-to-face classes, CUNA Webinars allow you to see and hear a presentation, ask questions of the instructor, and refer to handouts. You need only a speakerphone and computer with Internet connection. With a computer projection screen, it's easy to provide this training to a whole roomful of staff! When you register for an event, the connection information will be e-mailed to you 24-48 hours before the event. If you are registering for an event the day it is being held, please call 800-356-9655, ext. 4249 or e-mail training@cuna.coop for assistance.

Did you know...in addition to attending this event live, your tuition includes six months of unlimited access to the archived (recorded) event within 48 hours of the live event for your entire credit union. See the archived events available to you and your credit union.

CUNA Webinars use Adobe Connect to provide an interactive and convenient online learning environment. Whether you are a first time Adobe Connect user, or simply need a refresher, take a short tour. You'll learn how to effectively interact with the presenter and your peers during live webinars.

Can't attend at this time? Click here for the archived version.

This webinar is beneficial for credit union compliance staff, credit union technology staff and anyone at your credit union responsible for the online banking system.

Affiliation with CUNA/League is required for attendance.

Catherine Yao
Catherine is an information systems officer in the Office of Examination and Insurance, Division of Supervision, at the National Credit Union Administration (NCUA). She is responsible for developing, implementing and monitoring NCUA information systems examination programs and procedures for federally insured credit unions; identifying potential risks and emerging issues in information systems activities and developing related national guidance for staff and industry and performing information systems and technology examinations of complex credit unions and vendors to ascertain overall risk in the credit union system. She also develops a national training curriculum, provides training for IT subject matter examiners and represents the agency as a member of the FFIEC IT Subcommittee.



Roger Kipe
Roger Kipe is the Vice President of IT at SAC Federal Credit Union in Bellevue NE. In that position he manages a six person shop for the $500M credit union. Recently SAC has implemented a new home banking system, an intranet (SharePoint 2010), built a disaster recovery center and completed a RFP for a new core. Roger has been with the credit union for 1.5 years. He has over 20 years of experience in the information technology field primarily focusing on software development and project management.

The last day for cancellations was August 30, 2011. Substitutions are accepted anytime prior to the start of the program at no additional cost. Simply fax event and contact information, listing the new participant and who they will be replacing. Cancellation fees do not apply for free or complimentary programs.