Charles J. Nerko

Father 👨‍👩‍👧‍👦. Lawyer ⚖️. Volunteer EMT 🚑. Fordham Grad 🐏. Views are only my own 💤. Posts, links & RTs ≠ legal advice or endorsements ⚠️.

[FrankOnCUs @FrankOnCUs]

Polam Federal Credit Union has become the latest to file suit against Fiserv alleging security issues. It further alleges its own data was given to another credit union. Story here: https://t.co/kp19uSbgN1

[RS Web Solutions (RSWEBSOLS) @rswebsols]

Florida Credit Union Files Lawsuit Against Fiserv, Claiming Weak Cybersecurity Measures #internet #cybersecurity [ Source: https://t.co/A5iaNzD5tJ ]

#rswebsols #FloridaCreditUnion #Fiserv #Cybersecurity #DataBreach #Lawsuit

[Journal Sentinel @journalsentinel]

Credit union sues Fiserv saying it didn't secure online bank platform https://t.co/foOX8pyCRa

[FrankOnCUs @FrankOnCUs]

Another small CU has filed suit against Fiserv, alleging weak security led to a breach and that is it now being forced to pay for a solution that should be included in its current contract. https://t.co/3SeDnkJYU9

[Andy Schornack @Schornack]

If anyone is bullish on Fiserv, they got to talk to some bankers who use them. Their client service and tech strategy is backwards.

[💭 @_br_ttney]

I know cyber news only goes viral when a disaster has already happened, but when you see something that has a potential to be avoided you should probably look at it too.

[Charles J. Nerko @CharlesNerko]

@_br_ttney Enjoy! And thanks for your itnerest in our case. https://t.co/2gk4BBSpr6

[💭 @_br_ttney]

I’m team: you shouldn’t have to sue your vendor to get them to do basic security shit, but here we are.

[FrankOnCUs @FrankOnCUs]

A small CT CU has filed suit against Fiserv alleging 'significant deficiencies' in security and 'shockingly easy' account takeover. As part of suit it is also seeking 'multi-million-dollar' termination fees. Story is reported first on The CU Daily here: https://t.co/fVfIkc8Sjp

[Charles J. Nerko @CharlesNerko]

Excited to have my letter on strengthening financial system resilience against cyber risks from outsourced tech published in @AmerBanker. #fiserv #fis #jackhenry

[Barclay Damon LLP @BarclayDamonLLP]

Charles Nerko had his “Harper’s Warning on Vendors Should Spur Credit Unions to Act” letter to the editor published by American Banker. Click here to read more: https://t.co/8eJXgzhA8w
#News #Cybersecurity #CybersecurityRisks #NCUA #ThirdPartyVendor #FinancialInstitutions

[Barclay Damon LLP @BarclayDamonLLP]

Charles Nerko had his “Harper’s Warning on Vendors Should Spur Credit Unions to Act” letter to the editor published by American Banker. Click here to read more: https://t.co/8eJXgzhA8w
#News #Cybersecurity #CybersecurityRisks #NCUA #ThirdPartyVendor #FinancialInstitutions

[Barclay Damon LLP @BarclayDamonLLP]

Charles Nerko, team leader for data security litigation, had his “Breaking Free: Strategies for Credit Unions to Navigate Vendor Terminations” article published in Credit Union Times. Click here to read more: https://t.co/McCVg7Wk69
#News #CreditUnions #Vendor #VendorContracts

[Barclay Damon LLP @BarclayDamonLLP]

Charles Nerko gave a presentation titled “Emerging Issues in Financial Institution Third-Party Risk Management” to bank and credit union regulators. To learn more about Charles’s presentation, click here: https://t.co/jfTMTYMZB0

[Barclay Damon LLP @BarclayDamonLLP]

Charles Nerko, team leader for data security litigation in Barclay Damon’s Data Security & Technology Practice Area, wrote “How to Avoid, or Escape, Unhappy Marriages With Vendors” for the Heller Report. Click here to read more: https://t.co/4pSOBC8u1E
#News #TechContracts

[Barclay Damon LLP @BarclayDamonLLP]

Charles Nerko, team leader for data security litigation, and Brian Rich, partner, had their “Safeguarding Credit Unions Amid Litigious Seas” article published in Credit Union Times. Click here to read more: https://t.co/XMXOvBidN4
#News #CreditUnions #Litigation

[Rachel Tobac @RachelTobac]

Here’s an example of a common phone call scam hitting folks right now — the criminal uses AI to clone the voice of a loved one (often a child, nephew, grandson, etc) and call you. When you pick up they tell you they’re in trouble and need money for bail, etc.
Voice cloning only takes me 2 minutes and could trick folks out of thousands, make sure your loved ones and coworkers are aware.

[Barclay Damon LLP @BarclayDamonLLP]

“Recent NYS Attorney General Data Security Settlement Highlights Importance of Addressing Security Deficiencies and Managing Vendor Relationships”—Learn more in this Data Security & Technology Practice Area alert. Read the alert here: https://t.co/WbaAlVsyLw
#Alert #DataSecurity

[Charles J. Nerko @CharlesNerko]

@InclusivCDCUs @BarclayDamonLLP Thanks to all the credit unions participating and sharing their insight! There’s such an immense value in working together to elevate member service.

[Charles J. Nerko @CharlesNerko]

It was an honor to speak at the Invlusiv National Conference and help financial institutions achieve better outsourced technology contracts.

A special thanks to Inclusiv for organizing this event and to the engaged participants who contributed their insight.

[Inclusiv @InclusivCDCUs]

Two experts from Barclay Damon LLP , Charles J. Nerko and Kevin D. Szczepanski, share must-know strategies for maximizing the returns from your vendor relationships, while minimizing risks and costs. #inclusiv2023 @BarclayDamonLLP

[Charles J. Nerko @CharlesNerko]

@InclusivCDCUs Kevin Szczepanski and I had so much fun leading this session. Thanks to all the credit unions in attendance for sharing their advice and insight! @BarclayDamonLLP