Data Governance: A Regulatory and Business Imperative
Data governance is the key not only to effective compliance management but also to risk and performance management.
Browsing: Cybersecurity
Cyber Compliance: The Board’s Next Enforcement Action Worry
As data breaches continue to make news and cost banks money, it’s worth remembering that—as with every risk in banking—the final responsibility for addressing cybersecurity risks rests with the board of directors.
Commerce Department: Cybersecurity a Major Priority for U.S., World Economy
Bruce Andrews gives the banking industry solid marks for how it is grappling DDoS attacks, IP theft and network and system intrusions.
A Joint Approach to Cyber Threats
Cyber vulnerability is not going away. We need to work together, and stay vigilant and focused in order to protect ourselves and our customers.
Weekly Infobyte: Consumers Find Mobile Payments Risky
More than half of consumers consider it risky or very risky to pay through a mobile app.
ABA Hails Cyber Bill Passage in Senate
ABA today welcomed the passage of the bipartisan Cybersecurity Information Sharing Act by a 74-21 vote in the Senate.
Senate Vote Expected This Week on ABA-Backed Cyber Bill
The Senate is scheduled to vote this week on the Cybersecurity Information Sharing Act (S.754), an ABA-supported bill that would strengthen the ability of the public and private sectors to share critical cyber threat information without compromising customer privacy.
Spooky in 2015: Cybersecurity, Fraud, Other Financial Worries
Just in time for Halloween, new survey shows that government corruption, cyber terrorism and corporate tracking of personal information are what spook Americans most.
Ad Urges Retailers to Upgrade, Activate Card Terminals
ABA this week launched a new ad as part of its “Let’s Innovate. Not Mandate” campaign. The ad, running in Capitol Hill newspapers, notes that financial institutions are busy issuing new EMV/chip cards that eliminate counterfeit fraud, but that just 27 percent of businesses are equipped to accept the cards. “These retailers deserve credit for
Keating Op-Ed: Retailers Should Focus on Protecting Data
Retailers need to focus on protecting their customers’ data before it gets breached, ABA President and CEO Frank Keating said in an op-ed published today in The Hill. “Unfortunately, some retail trade groups have chosen to fixate on mandating PINs, a static technology that only addresses a small and steadily declining share of fraud, rather