Cybersecurity

Nichols: Bankers on ‘Leading Edge of Cybersecurity’

As the guardians of consumers’ sensitive financial data, America’s banks are “on the leading edge of cybersecurity,” ABA President and CEO Rob Nichols remarked in an interview today for the .BANK Influencer Series, which spotlights influencers from across the financial industry.

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Watchdog Dings CFPB for Website Security ‘Deficiencies’

Despite steps to improve it, the Consumer Financial Protection Bureau’s website has several “control deficiencies” that must be “mitigated to protect the website from compromise,” according to a report today from the Federal Reserve’s independent inspector general, which audits CFPB activity.

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ABA Calls for Revisions to Cyber Standards for Insurers

ABA today submitted comments to the National Association of Insurance Commissioners on its draft of the insurance data security model law, which would establish data security and data breach notification standards for insurance licensees (insurers and insurance agencies).

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