On Tuesday, October 24, 2023, regulators published an updated version of the Ransomware Self-Assessment Tool (R-SAT). In this blog, we’ll discuss what the R-SAT is, what got updated, and what you need to do about it.

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In this article, we take a look at the new National Credit Union Administration (NCUA) Board unanimously approved a rule titled “Cyber Incident Notification Requirements for Federally Insured Credit Unions” and determine how we got here, what the final rule says, and what credit unions need to do in response.