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NCUA’s IG to Review October Breach

The National Credit Union Administration’s Inspector General has announced plans to investigate the case. A flash drive containing sensitive consumer data was lost during an examination of a small credit union in California. A former chairman of the NCUA says most NCUA board members were not notified of the breach until it was reported by the media. This episode could spur more discussion about how federal banking regulators should handle breach notification, Michael Fryzel says. Until an investigation into the breach is completed, “we will not know who or what agency may be at fault””]

Source: https://www.cuinfosecurity.com/ncuas-ig-to-review-october-breach-a-7734

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