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NAFCU: Keep the Cybersecurity Assessment voluntary
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Financial Stability
Friday, January 22, 2016
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In a letter to the Office of the Comptroller of the Currency, the National Association of Federal Credit Unions requested that the Federal Financial Institutions Examination Council keep its Cybersecurity Assessment Tool voluntary rather than a requirement. The association warned that a mandate could lead to unintended consequences, such as restricting business growth. Read on to learn more.
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