Tag Archives: cybersecurity

ABA Action Update Covers First Four Months of New Congress

In the first four months of the 114th Congress, 28 ABA-supported bills have been introduced, ABA bankers and staff have testified before Congress four times, the Federal Reserve finalized an ABA-advocated rule change helping smaller banks and ABA Chairman John Ikard participated in President Obama’s cybersecurity summit.

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ABA Seeks Letters to Congress on Pending Legislation

ABA is asking bankers to write their senators and representatives to enlist their support for several bipartisan bills introduced in recent weeks as part of ABA’s Agenda for America’s Hometown Banks: ​Data security. This alert urges senators to co-sponsor S. 921, which would strengthen data security standards for all players and recognize the high standards already employed by the banking ...

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​FFIEC Warnings Spotlight Malware, Compromised Credentials

The banking regulators today issued warnings to financial institutions about two “increasing” cyber threats: destructive malware and cyber attacks that compromise customers’ online credentials. The statements from the Federal Financial Institutions Examination Council do not contain any new regulatory expectations, the council said.

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