March 2018

Redstone Consulting Group and Virtual StrongBox Announce New Cybersecurity Portal

2018-03-12T12:15:03+00:00March 12th, 2018|


Platform Designed to Streamline New NCUA Cybersecurity Examinations

Huntsville, AL, March 8, 2018– The Redstone Consulting Group and Virtual StrongBox announced today the launch of a new cybersecurity collaboration portal to help Credit Unions prepare for fast-approaching NCUA cybersecurity examinations.

Fast Approaching Examination Requirements

Starting in 2018, NCUA is beginning to use its Automated Cybersecurity Examination Tool (ACET).  The ACET exam checklist consists of 530 questions and the collection and sharing of over 220 unique internal documents. ACET will allow greater visibility into the industry’s cybersecurity practices and gaps. Rumor has it that NCUA plans to use ACET to […]

November 2017

Using Virtual StrongBox to Promote a Security-First Message

2017-11-04T15:47:14+00:00November 1st, 2017|

Featured Client: 
Align Credit Union | Lowell, Massachusetts | Asset Size: $550 million

Protecting members’ personal information is a top priority for Align Credit Union. That is why the Lowell, Massachusetts financial institution offers Virtual StrongBox as digital safe in their security suite offering.

Align CU offers the online safe as a member benefit, helping their account holders protect their most sensitive information. With Total Information Privacy & Protection, the platform is the only option online that promises storage space so secure that only the member has the ability to see what’s inside. Not even Align CU or Virtual StrongBox employees can access files within the online […]

October 2017

AuditLink Selects Virtual StrongBox to Help Transform and Grow Compliance Initiatives

2017-11-16T16:51:02+00:00October 31st, 2017|


Virtual audit capabilities expected to reduce compliance costs and set the stage for strategic growth.

Grand Rapids, MI and Charlotte, NC (October 30, 2017) – Virtual StrongBox, Inc. and CU*Answers announced today that the two companies have teamed up to transform compliance and audit processes for its credit unions and auditors. AuditLink, the audit and compliance division of CU*Answers, will use Virtual StrongBox’s secure platform during virtual audits to ensure that sensitive information remains safe while engaging in the exchange of private and financial information with a compliance team member.

Financial audits and regulatory exams have become a […]

September 2017

Using Virtual StrongBox to Simplify the Examination Process

2017-10-12T14:59:22+00:00September 26th, 2017|

Featured Client: 
Honor Credit Union | $755 million in assets | Berrien Springs, Michigan

 

Past exams at Honor Credit Union depended upon a single flash drive. Credit union employees would pass the flash drive between departments to upload requested documents to hand examiners when they arrived at the credit union, shuffling the drive back-and-forth as additional files were requested. This year Honor decided to simplify the process.

Led by Frank Witucki, VP of Risk Management, Honor CU updated how they exchanged information with state examiners by leveraging Virtual StrongBox. The credit union provides Virtual StrongBox to members as a digital safe deposit box and […]