Credit union regulator will pay for losing audit data

first_imgThree months after examiners from the National Credit Union Administration lost a thumb drive containing names and account numbers of a credit union’s members during an audit, the federal regulator said it will reimburse the credit union for its costs in the breach, Bank Info Security reported.The NCUA said its board approved payment of up to $50,000 to Palm Springs Federal Credit Union, which was being audited on Oct. 20, 2014, when the drive went missing. The credit union notified its members on Oct. 30 that the drive, containing member names, addresses, Social Security numbers and account numbers, had been lost.But weeks after the breach, the NCUA still hadn’t publicly acknowledged that its personnel had lost the drive. However, the agency’s chairwoman, Debbie Matz, said NCUA was considering whether it should require credit unions to encrypt consumer data before it’s shared with examiners — a proposal that wasn’t received well by credit unions.In its statement about the breach-related payment, NCUA finally took responsibility for the breach. “As a result of a failure to follow longstanding agency policies on securing sensitive data, a thumb drive given to an examiner was lost during an examination of Palm Springs Federal Credit Union,” the NCUA said, adding that it was taking “appropriate action with staff involved” and would improve training and adopt additional safeguards to avoid any repeat. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more


first_imgTable Quiz Nights @ Arena7, Letterkenny Arena7’s table quiz nights are back up and running and all Thursday nights have already been booked out until Christmas. The quiz nights which are now in there third year have proved a great success for local clubs and charities to raise some much needed finance. Each week a different charity, club or individual benefits from the proceeds of the quiz and the only thing they have to do, is get the teams in as Arena7 look after everything else. That’s right, Arena7 provide the Quiz Master, question, answer sheets, pens, raffle tickets and even put up first prize.As already said all our Thursday night are booked up to Christmas but there are still some Wednesday nights left. So, if you would like a quiz night contact Darren at Arena7 on 0749128853 and he will be glad to help.Upcoming Quiz NightsWednesday 5th Oct: Colaiste AilighThursday 6th Oct: Friends of Letterkenny HospitalWednesday 12th Oct: In Aid of Mark AndersonThursday 13th Oct: Letterkenny RoversThursday 20th Oct: Bonagee UtdThursday 27th Oct: St Eunan’s GAAThursday 3rd Nov: Churchill Community Child CareThursday 10th Nov: LYIT Basketball TeamThursday 17th Nov: The Good & New Cancer ShopThursday 24th Nov: Motor Neuron DiseaseARENA 7 LAUNCHES CHARITY QUIZ NIGHT DRIVE was last modified: October 5th, 2011 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:ARENA 7 QUIZ NIGHTlast_img read more