VDPs open a communication channel to external cybersecurity researchers, while also encouraging current bank customers to participate in the feedback loop.
Treasury’s strategy identifies four priorities to address the most significant illicit finance threats to the U.S. financial system.
ABA and a coalition of financial services groups today called for extensive changes to a proposal by the Securities and Exchange Commission that would create new requirements for public companies regarding the disclosure of cybersecurity incidents.
The American Bankers Association Foundation and the Federal Trade Commission released an infographic with information to help consumers protect themselves when using mobile payment apps and services.
Chair of the Financial Stability Board sent a letter to G20 finance ministers and central bank governors addressing financial stability issues caused by the invasion of Ukraine.
Helping banks secure their email—and their organizations
Banks and businesses face a growing threat from malicious cyber actors seeking to hold critical systems hostage.
A majority of the nation’s small business owners—78%—say they are concerned about the threat of a Russian cyberattack in light of recent news coverage, according to new survey data released by Provident Bank.
Cyberattack rates across financial services increased 20% in the second half of 2021 from the same period a year earlier and increased 41% from the first half of 2021, according to a recent report from LexisNexis Risk Solutions.
Banks should have a step-by-step plan on how to handle cyber-attacks, including securing whatever data possible and quickly notifying law enforcement.