ABA Op-Ed: EMV Adoption Has Made Consumers Safer
American consumers are safer today than they were one year ago thanks to the swift adoption of EMV technology, ABA...
Cybersecurity
FTC Officials Encourage Data Breach Notification Legislation
Following news last week of a massive hack affecting an estimated 500 million Yahoo customers, all three FTC commissioners today...
DoJ Official Calls for National Breach Notification Standard
John Carlin, assistant attorney general for national security, today called for a federal-level law setting notification requirements after consumer data...
OCC Flags Supervision Priorities for 2017
The OCC today released its bank supervision operating plan for fiscal year 2017, identifying what each of the agency’s supervisory...
N.Y. Regulator Proposes New Cyber Regulations
New York’s Department of Financial Services today issued a new set of proposed regulations on cybersecurity, the first of its...
FSSCC Makes Recommendations to Presidential Cyber Commission
The American Bankers Association, in partnership with the Financial Services Sector Coordinating Council, offered five recommendations last week to the...
FinCEN Issues Advisory on Email Compromise Fraud
With email compromise schemes -- in which criminals fraudulently persuade individuals and companies to transfer funds -- on the rise,...
Data Theft Damages: Who Pays?
When it comes to data breaches, the hack of the archaic Myspace—the failed social media platform that was rendered obsolete...
Survey: Despite Card Fraud, Consumers Satisfied with Resolution
While nearly half of U.S. consumers believe they will experience credit or debit card fraud in the next five years...
How Malware on Customer Devices Threatens the Bank
Client-side injected malware can harm the customer's digital journey.
