by GrafWebCUSO | Mar 29, 2017 | News
The number of records lost, stolen or compromised in data breaches jumped 86% between 2015 and 2016 even though the number of breaches worldwide dropped 4% in the same period, suggesting that hackers are aiming at organizations with big databases, according to new...
by GrafWebCUSO | Mar 29, 2017 | News
A recent study by Oxford Economics found that 70% of consumers worry about hackers stealing their personal information and 55% feel mobile money is less secure than a physical wallet. Furthermore, in January, IBM, Ponemon and Arxan revealed that 44% of organizations...
by GrafWebCUSO | Mar 29, 2017 | News
The Department of Labor has sent to the Office of Management and Budget its final rule requesting a 60-day delay to the implementation date of its fiduciary rule. The rule must be approved by OMB. Once approved, it will be sent back to Labor for publication in...
by GrafWebCUSO | Mar 28, 2017 | News
Although they’re fighting various regulatory battles with each other, banks and credit unions Tuesday identified a common enemy Tuesday that they say are hindering their ability to make loans to small businesses. The regulatory regime established by Dodd-Frank...
by GrafWebCUSO | Mar 28, 2017 | News
Credit union loans grew in January at their fastest rate in 17 years, led again by loans for cars and businesses, according to a CUNA Mutual Group report released Tuesday. Credit union loans grew 12.8% in January 2017, the highest seasonally-adjusted annualized rate...
by GrafWebCUSO | Mar 28, 2017 | News
A former employee for a Wyoming credit union was sentenced on March 7 after admitting to embezzling more than $30,000. Maureen Hall, 59, of Cheyenne, Wyo., pleaded guilty to one count of credit union embezzlement. U.S. District Judge Nancy D. Freudenthal sentenced...
