The Changing World of Cyber Liability Insurance

In May, a piece of ransomware known as “WannaCry” paralyzed businesses, government entities and Great Britain’s National Health Service in one of the largest global cyberattacks to date. The following month, it was “Petya,”...

CFPB Releases Model Overdraft Disclosures

The CFPB on Friday released four overdraft disclosure prototypes designed to make it easier for consumers weighing whether to take out overdraft protection. The one-page form is designed to improve the model form already being used by credit unions and banks....

NCUA Bans Former CEO, Branch Supervisor & Teller

Convicted of embezzlement, fraud or grand theft, former credit union employees who worked as a CEO, a branch supervisor and a teller were banned from participating in the affairs of any federally insured financial institutions, the NCUA announced earlier this week. In...