NCUA REGULATORY Compliance
National Credit Union Administration
Handle controlled unclassified information securely and efficiently with DFARS Compliance.
Here's how Intech Hawaii helps you with NCUA Compliance:
We perform comprehensive assessments to pinpoint weaknesses in data protection and disposal protocols, aligning practices with stringent NCUA regulations
We implement NIST-compliant methods for securely wiping data from storage devices, meeting NCUA guidelines and preventing unauthorized access
We help establish a culture of security awareness within the credit union through ongoing training and support
Data Security and Regulatory Compliance
Achieving NCUA compliance means implementing robust data handling and disposal practices, safeguarding sensitive information and meeting regulatory standards. By adhering to NCUA guidelines, businesses can mitigate risks, build trust with members, and demonstrate a commitment to data security.
Minimizing Risks and Protecting Member Data
NCUA compliance is essential for credit unions to minimize data breach risks, protect member information, and maintain a secure operational environment. By following NCUA regulations, businesses enhance trust, credibility, and regulatory alignment, positioning themselves for long-term success.
Enhancing Operational Efficiency and Transparency
Becoming NCUA compliant streamlines data handling processes, enhances operational efficiency, and fosters transparency in credit union operations. Compliance not only strengthens data security practices but also instills confidence in members, regulators, and stakeholders, paving the way for sustainable growth and prosperity.
Empowering Credit Unions:
Thrive with NCUA Compliance
Compliance with NCUA standards is key to building a secure and transparent environment for credit unions. Intech Hawaii's expertise and support empower credit unions to navigate regulatory requirements, strengthen data protection measures, and enhance operational efficiency, fostering a resilient and trustworthy financial institution.
Thorough Compliance Assessment:
We evaluate credit unions' data disposal protocols to ensure adherence to NCUA's rigorous guidelines on secure data sanitization and disposal practices.
NIST-Compliant Media Protection Implementation:
We guide credit unions in implementing NIST Special Publication 800-53 standards on Media Protection (MP), covering media safeguarding practices throughout its lifecycle as mandated by NCUA guidelines.
Employee Training on Data Security:
We train credit union staff on proper data handling practices per NCUA guidelines, ensuring all employees are well-versed in secure data management procedures.
Regulatory Compliance Documentation Assistance:
Intech Hawaii will also assist credit unions in maintaining accurate documentation in line with NCUA requirements, ensuring detailed records that demonstrate full compliance with regulatory standards.
Establishing Secure Data Disposal Protocols:
We help credit unions develop and implement robust procedures for securely disposing of sensitive data, meeting NCUA standards and safeguarding member information effectively.
Ongoing Compliance Audits and Monitoring:
We provide regular audits and monitoring to ensure credit unions maintain adherence to NCUA guidelines, proactively identifying and addressing any compliance gaps or emerging risks.
We recommend a 3-phase approach for companies looking to achieve NCUA Compliance
Phase 1: Assessment
Conduct a detailed evaluation of your current data handling and media sanitization protocols, ensuring they align with the NCUA's stringent guidelines for secure data disposal and protection throughout the data lifecycle.
Perform an analysis of your existing risk-based disposal procedures to ensure they are tailored to your credit union’s specific records and comply with NCUA's security guidelines, including the requirements for a documented periodic destruction list.
Review and assess your policies for maintaining the confidentiality and protection of sensitive data, confirming that these measures meet the NCUA's mandated standards for safeguarding information and preventing unauthorized access or data breaches.
Phase 2: Remediation
Adopt NIST Special Publication 800-88 media sanitization guidelines, incorporating methods such as degaussing, cryptographic erase, and multiple overwrites to ensure that data on storage devices is irreversibly destroyed.
Create and enforce risk-based disposal procedures that are customized to the specific types of records maintained.
Upgrade physical security measures for the storage and disposal of sensitive data, including implementing surveillance systems, controlled access areas, and secure storage solutions as mandated by NCUA's Security Guidelines to prevent unauthorized access and breaches.
Phase 3: Documentation
Maintain comprehensive documentation of all data disposal activities, including a periodic destruction list that records the types of media sanitized, the methods used, and the identities of the individuals who supervised and executed the disposal, in compliance with NCUA guidelines.
Draft and regularly update written security policies that outline data handling procedures, media sanitization protocols, and risk assessment strategies, ensuring these documents reflect the latest NCUA guidelines and are disseminated organization-wide for consistent implementation.
We Walk You Through the Process
We've Completed Scores of Assessments Using our Compliance Management Software and our Proven Process
Intech Hawaii has extensive experience implementing NIST Special Publication 800-88 guidelines.
We excel at crafting detailed security policies that encompass data handling, media protection, and incident response, all designed to meet the rigorous standards set forth by NCUA's Security Guidelines.
Schedule a Consultation with a NCUA Compliance Expert
NCUA Resources
How to Navigate the NCUA Data Disposal Guidelines
Why Do Credit Unions Need to Stay on Top of Cybersecurity?
