Podcast: Quantum computing’s shakeup in payments, cybersecurity
Quantum computing is an entirely new way of processing information, and it has the power to solve extremely difficult computational...
Technology
FBI: Internet crime losses rose 33% in 2024
Reported losses from suspected internet crimes exceeded $16 billion in 2024, representing a 33% increase from the year before, the...
Report: Automated web traffic growing cybersecurity issue for financial institutions
More than half of web traffic is now automated with financial institutions a top target for malicious bots, according to...
ABA supports FCC’s proposed call authentication requirement for non-IP networks
ABA urged the FCC to vote to issue a proposal that would impose a new call authentication requirement designed to...
OCC publishes letter with details about agency data breach
The OCC plans to reach out to financial institutions to let them know if their data was exposed in a...
ABA, associations urge FCC to lower regulatory barriers to customer communications
ABA led a group of seven associations representing financial and electric utility industries in urging the FCC to revise or...
FDIC’s Hill: Agency to revisit resolution planning, de novo bank formation
The FDIC will waive some requirements for large bank resolution planning and take steps to boost de novo bank formation,...
OCC notifies Congress of data breach involving bank information
A cyber incident involving the OCC’s email systems led to unauthorized access to highly sensitive information about the financial condition...
FCC grants extension of effective date of telecom provision
The FCC granted a one-year extension of the effective date of a key provision in its 2024 order on revocation...
Fraud Watch: Fraudsters use genAI to enhance old scams
Generative AI gives scammers a whole new toolbox. Understanding how these tools work is the first step to knowing how...
