By Mike Detrow, CISSP, Director of IT & IT Audit, and Noah Lennon, CISA, Consultant, Young & Associates Emerging trends in technologies, such as cloud computing and artificial intelligence, have...
By Jeanette McKeever, CCBIA, Director of Internal Audit, Young & Associates In today’s financial landscape, banks and credit unions increasingly rely on third-party vendors to meet regulatory demands, leverage technological...
By: Mike Detrow, CISSP, Director of IT & IT Audit at Young & Associates Due to the challenges of finding qualified employees to fill internal IT positions and the increased...
In the ever-changing landscape of financial services, cybersecurity emerges as a paramount concern for credit unions and their members. As regulatory scrutiny on information security intensifies each year, it’s essential...
By: Mike Detrow, CISSP The Bankers Electronic Crimes Taskforce, state bank regulators, and the United States Secret Service first released the Ransomware Self-Assessment Tool (R-SAT) in October 2020 as a...
In an era dominated by technology, the financial sector faces a growing menace in the form of cyberattacks. Credit unions, along with their members’ sensitive data, have become prime targets...
By: Mike Detrow, CISSP You have probably seen the headlines claiming that artificial intelligence (AI) models such as ChatGPT will soon replace many human jobs. Marketing campaigns are also touting...
By: Bill Elliott, CRCM, Director of Compliance Education I have been teaching for Young and Associates for over 20 years. Twenty years ago, when I asked about “the percentage of...
By: Edward Pugh, CAMS, Consultant For many financial institutions, one of the most impactful purposes of the Anti-Money Laundering Act of 2020 is the encouragement of technological innovation and the...
The increasing sophistication of Anti-Money Laundering/Combating the Funding of Terrorism (AML/CFT) software and modeling techniques and the broader application of these models have played an undeniable role in the enhanced...
