In January, readers mourned the death of former NAFCU President/CEO Ken Robinson, discussed the Internet of Things and reacted to Mark McWatters' nomination. Here's what they had to say.
The clamor over expanding the MBL cap is driven by a few large credit unions that really should stop hiding behind the credit union name and just convert to a bank.
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—BillyBobJim
Matz will be happy.
—Bon Baughn
A fond farewell to the lone voice of reason on the NCUA board. Why couldn't the president nominate Ms. Matz?
—BillyBobJim
I agree that "importantly, a reliance on interconnected technology creates massive cybersecurity risks. Greater interconnectivity means more points of vulnerability and larger system failures in the event of a breach. Malicious hackers, for example, can cause life-threatening problems in the case of healthcare."
Many of these devices are so small that they lack the computing power needed for data security or remote patching once vulnerabilities are found. And with billions of connected devices entering the world every year, consumer protection and privacy advocates face an uphill battle.
We cannot even wait for a new generation of hopefully more secure devices to be developed.
I see a major issue when IoT data from different sources is collected and stored centrally. That will require implementing robust and layered risk management controls as well as encrypting or tokenizing that data while it's stored on the company's servers, being used for analytics in Big Data environments, or shared with other cloud-based services.
—Ulf Mattsson
Chief Technology Officer
Protegrity Stamford, Conn.
I am truly saddened by Ken Robinson's passing. He was a remarkable leader and mentor who was committed to serving credit unions and helping them achieve success in Congress and with regulators. I had the good fortune to work for Ken first as director of communications and then as director of regulatory affairs. He worked diligently to stay on top of the various issues of the day, to lead NAFCU with gracious strength and to pursue credit union concerns tenaciously. He encouraged me to go to law school and as he did for so many others, to develop as a professional. He was an elegant, fun-loving, supportive and dedicated credit union champion.
—Mary Dunn
Attorney CU Counsel
Washington
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