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Hyland Emphasizes Protecting Credit Union Members During Podcast

August 10, 2007, Alexandria, VA –National Credit Union Administration (NCUA) Board Member Gigi Hyland participated in a podcast this week to address the latest best practices credit unions may consider in order to protect their members from data breaches and security risks.

The podcast, hosted by CUInfoSecurity.com, focused on the following topics:

• Information security and risk management best practices among both large and small credit unions;
• NCUA’s regulatory role in preventing security breaches among credit unions using third party vendors from breaches of security; and
• Protecting credit union members from phishing attacks.

“This podcast discussion offers a unique perspective from a regulator regarding issues which are vital to ensuring the safety and soundness of credit unions and the financial security of their members,” stated Hyland. “I encourage all who share in the task of protecting their members to incorporate this podcast among their resources to accomplish that task. “

A complete transcript and audio version of the podcast is available by visiting: http://www.cuinfosecurity.com/ .

The National Credit Union Administration is the independent federal agency that regulates, charters, and supervises federal credit unions. NCUA, with the backing of the full faith and credit of the U.S. government, also operates and manages the National Credit Union Share Insurance Fund (NCUSIF), insuring the deposits of nearly 86 million account holders in all federal credit unions and the majority of state-chartered credit unions.