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Is Your Credit Union Prepared for NCUA Continuous Monitoring?
It’s coming. Credit unions need to prepare for continuous monitoring. Over the next few years, the NCUA will broaden the reach of the ACET examination and look to quarterly snapshots of key data. Exam preparation will evolve from an annual event into a continuous process integrated into the daily work routine. Start now, get ahead of the curve, save your CU a lot of headaches. It’s here and evolving.
VERIDIAN CREDIT UNION PARTNERS WITH THE REDSTONE CONSULTING GROUP FOR CYBER EXAM PREPARATION
“We are excited to be using the ACET Portal for exam preparation. Preparation over time is our key to achieving the best results on the exam. The ACET Portal allows our team to consolidate documentation, work together online, and track our progress daily. I’m personally excited to have the portal take over many of the routine tasks I’ve had to do by hand up until now.”
– Jim Savage, Manager of Information Security at Veridian Credit Union
THE REDSTONE CONSULTING GROUP AND THE NEW JERSEY CREDIT UNION LEAGUE PARTNER TO IMPROVE LEAGUE MEMBERS’ READINESS FOR CYBER EXAMS
“Many of our member institutions struggle to thoroughly prepare for their NCUA examinations. Cyber security is a particularly challenging area because it impacts all aspects of operating a credit union. Expertise from many teams within the CU must come together effectively. Meeting extensive documentation requirements adds to the complexity. Our team works with over 100 credit unions, and RCG’s ACET Collaboration Portal will greatly simplify exam preparation. Its built-in repository, guidance, workflow, and evidence linking capabilities makes exam prep easy for our members.”
– Nicola Foggie, NJCUL Senior Vice President of Compliance and Regulatory Affairs