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NAFCU representatives today will be at the Treasury Department for an all-day meeting with the Financial Services Sector Coordinating Council – of which NAFCU is a founding member – to discuss cybersecurity updates.

NAFCU Regulatory Affairs Counsel Andrew Morris and Regulatory and Legislative Assistant Matt Schwartz will attend today's meeting. The meeting will be jointly hosted with the Financial and Banking Information Infrastructure Committee. NAFCU has worked with both the FSSCC and FBIIC on cybersecurity issues.

During today's meeting, Morris and Schwartz will receive an update from the National Institute of Standards and Technology regarding revisions to its 2014 cybersecurity framework. Comments are due April 10 on these revisions. The two will also receive an overview of the current cybersecurity threat landscape faced by firms operating domestically or globally.

Other sessions during today's meeting touch on the future of encryption and the next steps for the FBIIC and FSSCC.

Last December, NAFCU attended a meeting with the Treasury Department's Brian Peretti on cybersecurity issues relating to the credit union industry. NAFCU's recent collaboration with the Financial Services Information Sharing and Analysis Center (FS-ISAC) was noted along with the association's participation in the FSSCC's Cybersecurity Operational Capabilities Assessment task group.