Tag Archives: cybersecurity

ABA, FS-ISAC Issue Statement on SWIFT Compromises

In response to recent high-profile compromised communications sent through the SWIFT communications network, ABA -- together with the Financial Services Information Sharing and Analysis Center and other financial groups -- today issued a statement with insight and analysis on the incidents, as well as recommendations for mitigating cyber risks.

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Agencies Issue Guidance in Response to SWIFT Compromises

In the wake of high-profile compromised communications in the SWIFT communications network, the federal banking agencies issued guidance alerting banks to specific risk mitigation techniques that can minimize the cyber risks associated with interbank networks and wholesale payments systems.

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ABA Applauds Proposed Botnet Legislation

ABA today thanked members of the Senate Judiciary Committee for introducing the Botnet Prevention Act of 2016 (S. 2391), which would enhance the Department of Justice’s efforts to combat cyber threats, including distributed denial of service and other botnet attacks.

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ABA Seeks Greater Clarity for Information Sharing Under CISA

In a joint letter to the Department of Homeland Security and the Department of Justice today, ABA and other financial trade associations called for more guidance to help their member organizations expand or enhance the sharing of cyber threat information under the framework created by the Cybersecurity Information Sharing Act.

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Social Engineering: The Art of Human Hacking

Each year, millions of dollars are lost to a type of fraud that’s particularly difficult to detect and stop, and it’s all based on a criminal’s ability to exploit a basic human characteristic: the tendency to trust.

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