CEO Q&A: Positioning Regions for the Future
Regions Financial Corporation CEO John Turner discusses how the bank is positioning itself to thrive and grow in the future—with both talent and technology.
Browsing: Cybersecurity
More State Privacy Laws Are Coming. Are You and Your Vendors Prepared?
If you’re in one of the states considering legislation like the California Consumer Privacy Act, or something similar, here are three places to start.
ABA Data Bank: Losses from Romance Scams Increased 40% in 2019 to $201 Million
Read more about the FTC’s findings View the FTC/ABA Foundation infographic
Losses from Romance Scams Increased in 2019, FTC Finds
Consumers lost $201 million to romance scams in 2019, an increase of nearly 40% from a year prior, according to new data from the Federal Trade Commission’s Consumer Sentinel Network.
Podcast: Beyond Stovepipes and Silos in Financial Crimes
For a long time, AML, cybersecurity and fraud prevention were seen as have-to-dos and cost centers, says Juan C. Zarate. “Today, management of financial crime risk is now a fundamental part of banking.”
What Risk Managers Need to Know about Cloud Migration
Shifting bank technology functions to the cloud has many benefits for banks—but managing the risks requires a different framework.
Amid Strong Conditions, OFR Flags Cyber Threats, Corporate Debt
The Treasury’s Office of Financial Research flagged corporate credit, market, macroeconomic and cyber risk as elevated concerns in its annual financial stability report today.
ABA Calls for Changes to California Data Privacy Regulations
With a new privacy law set to take effect Jan. 1 in California, the American Bankers Association today called on the state’s attorney general to make changes to a set of proposed implementing regulations to help financial institutions comply while ensuring consumer protection.
ABA Data Bank: Banks Most Trusted to Keep Data Safe
New ABA/Morning Consult survey data shows that consumers trust banks most to keep their personal information safe.
Bonus Podcast: Cybersecurity Trends for 2020
According to a recent survey of community bankers, cybersecurity was the highest-rated risk concern, with over 96% of community bank CEOs reporting that they considered it an important or very important risk factor for their bank.