July 7 2025

Do You Know What You Need to Do About the Heartbleed Security Risk?

Do You Know What You Need to Do About the Heartbleed Security Risk?

According to a statement from the FFIEC, credit unions and other financial institutions need to be in contact with their third party vendors to ensure that they are progressing towards addressing this latest risk to websites protected by OpenSSL encryption. The FFIEC statement recommends four steps that financial institutions should take , including requiring users and administrators to change their passwords after applying the OpenSSL patch, if applicable. CUNA Mutual has also issued a Risk Alert to its bond policy holders that provides further recommendations about communications with members. See also. [4/11]

Risk Watch Plus Webinar 8: Complaint Management

Complaints: Why you shouldn’t shun them, but invite them! In this era of exploding complaint volume, this certificated webinar (see instructions in video for how to get your free certificate of completion) takes a look at the risks, evolution, and need for a management strategy to effectively deal with complaints. Before that, we cover what’s hot in compliance, as seen by the editors of Risk InboX. This week’s hot items: 1) HUD cancels Obama era Fair Housing rule; 2) “HMDA” for boards and management; and 3) CFPB has added a new dimension to its complaint database. Click here to watch now.

What is the AffirmX Platform?

Video What makes the patented AffirmX Risk Intel Platform different than anything else out there? Take the next 3 minutes to see what this revolutionary tool can do for your financial institution. Watch Video

About Risk InboX

Each day, teams of subject matter experts and analysts at AffirmX and AdvisX comb through dozens of resources to keep tabs on the latest developments in areas of risk. We share our findings here, along with a brief note about why each item matters.

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