Six steps to protect your bank’s data.

The average cost of a data breach globally -- including a number of breach-related factors such as investigations and recovery, notifications and cost of lost business -- was $3.86 million in 2018, according to a new study from Ponemon Institute and IBM Security.

To ensure that banks and regulators around the world can cooperate effectively on cybersecurity, the Basel, Switzerland-based Financial Stability Board today issued a proposed “cyber lexicon” to facilitate cross-border understanding and information sharing.

A coordinated effort by the departments of Justice, Homeland Security and Treasury, the U.S. Postal inspection service and other partners led to the arrest of 74 individuals in the U.S. and abroad in connection with recent business email compromise scams, the DOJ announced today.

A report issued by the Departments of Commerce and Homeland Security today called for widespread collaboration between government and industry stakeholders to combat the growing threat of botnets and other automated, distributed cyber threats.

With the General Data Protection Regulation -- the European Union’ new regulation governing the use of EU personal data -- taking effect today, ABA has developed several resources bankers can use to help them approach compliance.

Retailers that have completed their EMV chip card technology upgrades have seen counterfeit fraud drop 76 percent from the end of 2015 to the end of 2017, according to new figures released today by Visa.

With fraud on the rise, banks explore strategies for enhancing their cybersecurity efforts.