Cybersecurity

Sens. Crapo, Brown Seek Feedback on Data Privacy

Sens. Mike Crapo (R-Idaho) and Sherrod Brown (D-Ohio) -- the chairman and ranking member of the Senate Banking Committee, respectively -- today asked for stakeholder feedback on how financial regulators and companies collect, use and protect sensitive consumer data.

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Podcast: Investing in Bank Leaders’ Development

Bankers today require a broader understanding of technology issues, especially cybersecurity, while also needing deep grounding in core leadership principles, says former bank executive and current business school teacher Greg Smith on the latest episode of the ABA Banking Journal Podcast.

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Associations Call for Broad Collaboration on Privacy

As the National Institute of Standards and Technology works to develop a sector-wide privacy framework, ABA yesterday joined the Bank Policy Institute and SIFMA in a comment letter encouraging NIST to consider existing data privacy frameworks already in place for financial institutions and to work collaboratively with the private sector.

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Survey: Data Privacy Growing as Concern; Banks Seen as Trusted

In an era of frequent data breaches and growing concern over technology companies’ use of consumer data, nearly three-quarters of Americans said they are more concerned about their data privacy than they were a year before, according to a survey conducted by software company SAS.

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