Federal report identifies CRE, cybersecurity as financial stability risks
Commercial real estate and cybersecurity risks remain potential vulnerabilities for the U.S. financial system, the Office of Financial Research said...
Cybersecurity
FS-ISAC releases framework to help financial institutions fight phishing
The Financial Services Information Sharing and Analysis Center has published a framework of recommended best practices to help financial services...
FinCEN issues alert on identifying deepfakes targeting financial institutions
FinCEN issued an alert with recommendations for financial institutions on how to detect deepfake identity frauds created using generative AI,...
CFPB urges states to reconsider exemptions for financial data in privacy laws
Several states have recently passed data privacy laws with exclusions for data collected by banks and other financial institutions, and...
ABA urges regulators to modernize supervisory approach to bank-fintech partnerships
Federal banking agencies should use their request for information on bank partnerships with financial technology companies to modernize their approach...
FS-ISAC releases guide for financial institutions on ransomware defense
Guide focuses on ransomware mitigation best practices, incident response and crisis management, consideration for paying ransoms and resources for further...
White paper identifies deepfake fraud types and controls
The guidance is meant to aid cybersecurity teams in enacting preventative measures and control mitigations to protect their financial institutions,...
BPI, Kentucky Bankers Association sue CFPB over 1033 rule
The Bank Policy Institute and the Kentucky Bankers Association filed a lawsuit challenging the CFPB's final rule implementing Section 1033...
FHFA proposes changes to Federal Home Loan Bank governance
The Federal Housing Finance Agency issued a notice of proposed rulemaking that would make substantial changes to the governance structure...
New York State issues guidance on AI-related cybersecurity risks to financial institutions
The New York State Department of Financial Services issued guidance for financial institutions on how artificial intelligence is changing cybersecurity...
