Ukrainian Ambassador to United States Congratulates Ukrainian Credit Unions, Calls for Action to Help Members
The Ukrainian Ambassador to the United States Oksana Makarova surprised attendees of CUNA GAC with a special video message. Makorova was introduced by Ukrainian Selfreliance FCU CEO Anatoli Murha, based out of Philadelphia, PA. The video congratulated the 12 Ukrainian credit unions across the United States for the great work they are doing with their communities in these troubling times and encouraged them to continue their great work with members who are trying to provide financial assistance to their families back in Ukraine. Many CrossState members and staffers were on hand to witness the special moment live.
NASCUS recently shared resources that you can find below to help credit unions amidst the conflict in Ukraine.
- From the Treasury Department:
- U.S. Treasury Announces Unprecedented & Expansive Sanctions Against Russia, Imposing Swift, and Severe Economic Costs
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed expansive economic measures, in partnership with allies and partners, that target the core infrastructure of the Russian financial system. The actions also target nearly 80% of all banking assets in Russia and will have a deep and long-lasting effect on the Russian economy and financial system.
U.S. Treasury Imposes Immediate Economic Costs in Response to Actions in the Donetsk and Luhansk Regions
The U.S. is imposing immediate economic costs in response to actions in the Donetsk and Luhansk Regions, including sanctioning major Russian state-owned financial institutions, Kremlin-connected elites, & additional restrictions on Russian sovereign debt.
- Related Release from the White House: Fact Sheet: The United States Imposes First Tranche of Swift and Severe Costs on Russia
- Related Article from the New York Times: Russia Is Sowing Conflict in Ukraine. What Does That Mean for the U.S. Economy?
- Related Article from CNBC: Russia’s Incursion into Ukraine Heightens the Chance of Policy Mistakes by Global Central Banks
- From the Cybersecurity and Infrastructure Security Agency: CISA Releases New Insight to Help Critical Infrastructure Owners Prepare for and Mitigate Foreign Influence Operations
This CISA Insight is intended to raise awareness amongst critical infrastructure owners and operators on the risks of such influence operations. The document also outlines steps organizations can take to mitigate the effects of Mis-, Dis-, and Malinformation(MDM), such as ensuring swift coordination in information sharing and communicating accurate and trusted information to bolster resilience.
CISA Shields Up Alert
This current environment requires us all to be laser-focused on resilience. This must include a focus on ensuring preparedness and a rapid, coordinated response to mitigate the impact of such disruptions on our national security, economic prosperity, or public health and safety. CISA has been working closely with our critical infrastructure partners over the past several months to ensure awareness of potential threats—part of a paradigm shift from being reactive to being proactive.
- Additional Resources: CISA Launches New Catalog of Free Public and Private Sector Cybersecurity Services
- Related Article from the Treasury Department: Treasury, CISA, FBI and Bank Policy Institute’s Technology Division Gather to Discuss Cyber Infrastructure
- Related Article from Newsweek: FBI Braces for Russian Cyber Attacks in US as Ukraine Tensions Rise
- Related Article from the Harvard Business Review: The Cybersecurity Risks of an Escalating Russia-Ukraine Conflict