Reimagining the banking experience with enhanced connectivity
The networking infrastructure found in many banks is not built to handle remote workforces, multiple video meetings or online banking.
Cybersecurity
Study finds spike in cyberattacks targeting financial services
Cyberattacks targeting financial service web applications and application programming interfaces, or APIs, grew by 354% in North America over the...
Podcast: Something old, something new in payments fraud
Something old, something new: In 2022, check fraud remains a focus of bank risk professionals, while instant P2P payments are...
New report, webinar explore trusted digital identities in financial services
The American Bankers Association and management consulting firm Oliver Wyman today released a new report that provides a framework for...
FinCEN report: Ransomware filings more than double from 2020 to 2021
The value of ransomware-related BSA filings in 2021 approached $1.2 billion—a 188% increase compared to the previous year.
FSB drafts guidelines for harmonizing cyber incident reporting
Citing the increased frequency and sophistication of cyber attacks, the Financial Stability Board today released a set of recommendations for...
ABA anti-phishing campaign sees successful launch
Since its launch at ABA’s Annual Convention this week, ABA’s revamped #BanksNeverAskThat campaign website, banksneveraskthat.com, has received more than 61,000...
ABA announces launch of third annual anti-phishing campaign
As the industry observes Cybersecurity Awareness Month in October, ABA President and CEO Rob Nichols announced the launch of the...
ABA, BPI urge FFIEC to embrace industry-developed Cyber Profile
In a letter to the Federal Financial Institutions Examination Council earlier this month, ABA and the Bank Policy Institute offered...
FDIC, FinCEN publish summary of recent digital identity proofing ‘tech sprint’
The FDIC and the Financial Crimes Enforcement Network today published key takeaways and solution summaries from a recent “tech sprint”...
