FBI: Social Engineering Scams Cost U.S. Businesses $1.6B since 2013
Social engineering wire transfer scams cost U.S. businesses nearly $1.6 billion between October 2013 and December 2016, according to figures...
Cybersecurity
Holiday Inn Parent Confirms Data Breach at Nearly 1,200 Hotels
InterContinental Hotels Group has confirmed that front desk payment terminals in at least 1,181 hotel locations nationwide were breached last...
How ‘Sheltered Harbor’ Provides Safety from the Cyber Storm
A new cooperative initiative helps customers access their funds should their bank suffer a cyber attack.
Pew Study: Consumer Knowledge Weak on Cybersecurity Topics, Tactics
Very few American consumers have a complete understanding of several consumer-focused cybersecurity concepts, a new Pew Research Center study found.
Sheltered Harbor Website Launches
The Sheltered Harbor initiative -- an industry effort to improve sector-wide resilience in the face of a cyberattack -- this...
ABA Makes Recommendations to Protect Customer Data When Shared
In a comment letter to the Consumer Financial Protection Bureau today, ABA offered several recommendations for protecting consumers’ financial information...
ABA, FSSCC Seek Dialogue-Based Approach to Cyber Rules
In a comment letter today, the Financial Services Sector Coordinating Council -- of which ABA is an active member --...
New York Finalizes Cybersecurity Rules
The New York Department of Financial Services today issued final regulations that will require NY chartered banks and affiliates to...
FDIC Watchdog Highlights Gaps in Banks’ Vendor Contracts
Few banks’ contracts with technology service providers (TSPs) provide sufficient detail about the providers’ business continuity and incident response capabilities...
ABA Endorses Easy Solutions’ Anti-Phishing Platform
ABA, through its Corporation for American Banking subsidiary, has endorsed the digital threat protection suite provided by Miami-based Easy Solutions,...
