Video: Former NCUA Examiner Discusses Growing Scrutiny of Credit Union Information Security

Mark Treichel, Founder of Credit Union Exam Solutions (former NCUA Director and Examiner), stopped byCU Broadcast to share the latest NCUA exam trends. Specifically, Mark talked about communication challenges between examiners and credit unions, which includes delays in reports and unclear guidance.

He also discussed increasing expectations for risk management, including more sophisticated stress testing and analytical support for policy limits, as well as the growing scrutiny of information security, especially given recent cyber attacks.

In addition, Mark addressed the latest regulatory trends, such as expectations “trickling down” from larger to smaller credit unions and challenges for credit unions balancing increased regulatory expectations with resource constraints.

For a deeper dive on NCUA exam trends and more, check out Mark’s podcast: “With Flying Colors” and “Credit Union Regulatory Guidance” podcast with Samantha Shares.

Enjoy our talk with Mark and let us know your thoughts. And be sure to watch the entire episode below for all the details.