Will AI increase the threat to banks of phishing scams?
‘You’ve got to start thinking like a scammer, because the bad actors just got handed a huge gift’
Browsing: Cybersecurity
A secure digital process transformation to bank on
Security leaders need proven methodologies to secure safe flow of unstructured data, closest to where the data is accessed by users or applications.
Podcast: The anatomy of a community bank ransomware attack
The cover story of the latest issue of the ABA Banking Journal features an unprecedentedly transparent look into what happens inside a financial institution during and after a ransomware attack.
Enabling cybersecurity success through governance and risk management
By fostering collaborative communication, an engaged board and leadership team can ask the right questions and identify potential areas of undue exposure or control gaps.
The anatomy of a ransomware attack
Inside one community bank’s cybersecurity nightmare scenario.
Cybersecurity: What threat-ready really means for banks
The necessity for continuous risk assessment triggers the need for appropriate resources to meet the demands of new and emerging threats.
Financial Stability Board publishes cyber incident reporting recommendations
As cyber threats continue to become more sophisticated, the Financial Stability Board issued a report on how jurisdictions can work to achieve “greater convergence” in cyber incident reporting.
NIST solicits feedback on open banking security
The National Institute of Standards and Technology recently posed additional questions to ABA and other commenters in a follow-up to its draft 2022 report on cybersecurity considerations for open banking technology and emerging standards.
CFPB launches inquiry into data broker practices
The Consumer Financial Protection Bureau this week issued a request for information as part of an inquiry into the business practices of data brokers.
Fed’s Bowman calls for greater regulator scrutiny of outsourced banking services
As banks become increasingly reliant on third-party service providers, Federal Reserve Governor Michelle Bowman said bank regulators should “consider the appropriateness of shifting the regulatory burden from community banks to more efficiently focus directly on service providers.”