Removing Barriers Blog

CUNA Attends Joint Agency Symposium on Cybersecurity
Posted October 21, 2015 by CUNA Advocacy

CUNA, along with several credit union representatives, attended an open house event in Washington, DC, hosted by the Federal Bureau of Investigation (FBI), U.S. Secret Service (USSS), and U.S. Department of the Treasury. The National Cybersecurity Symposium was a national event held at 37 field locations across the country that was intended to be a proactive way for financial institutions to develop relationships with the FBI/USSS, before the occurrence of a possible cybersecurity-related breach. CUNA staff worked with the FBI, USSS, and others to organize the event and provide the credit union perspective.

FBI and USSS staff provided thorough information on the work of their agencies in the area of cybersecurity. In addition, they stressed the importance for financial institutions to establish relationships with local law enforcement prior to a cyber incident. According to FBI staff, financial institutions should alert their local FBI field office if a known breach has occurred. Alternatively, institutions can notify the FBI via its Internet Crime Complaint Center (IC3). FBI and USSS staff acknowledged that some institutions are reluctant to inform law enforcement of a breach until the institution has conducted a thorough review of the situation. However, staff stressed the importance of notifying the FBI as soon as an institution has knowledge of a breach. 

October is National Cybersecurity Awareness Month. Visit the FBI’s webpage for additional information.