WASHINGTON (8/15/13)--Credit unions are being warned about a possible cyberthreat to both U.S.- and foreign-based financial institutions in September, and the Credit Union National Association is encouraging credit unions to be on the alert.
The California and Nevada Credit Union Leagues as well as California's state credit union regulator, the California Department of Business Oversight, sent out alerts Tuesday, based on a Federal Bureau of Investigation (FBI) Advisory that said the potential threat would be "on or about Sept. 11.)
"Although previous iterations of this effort have had limited if any impact to the targeted entities, the FBI encourages the private sector to take reasonable steps to secure cyberinfrastructure in light of possible threats," said the advisory.
"CUNA believes cybersecurity threats will be an ongoing issue for credit unions and the entire financial sector," said Paul Gentile, CUNA executive vice president of strategic communications and engagement. "We urge credit unions to maintain a robust enterprise risk management program that includes policies and procedures for cybersecurity attacks.
"CUNA continues to work with system players, lawmakers and regulators to ensure the credit union system is as well-prepared as possible for such attacks," Gentile said.
The FBI encouraged recipients of its advisory to report information concerning suspicious activity to the local field office Cyber Task Force, to its website (use the link), or contact the FBI's 24/7 Cyber Watch Center at 855-292-3937. When available, the report should include date, time, location, type of activity, number of people, type of equipment used for the activity, the name of the submitting company or organization, and a designated contact.