FBI Issues Warning about Email Scams
The FBI yesterday issued a notification warning companies of the ongoing threat of business email compromise scams that caused losses...
Cybersecurity
Interagency Committee Holds Meeting on Cybersecurity
Members of the Financial and Banking Information Infrastructure Committee -- a group of representatives from 18 federal and state financial...
Congressional Investigation Finds Major Cyber Lapses at FDIC
The FDIC has seen major cybersecurity lapses and needs significant improvements, according to a preliminary investigation by the House Committee...
OCC: Credit, Strategic Risk Leading Issues for Small, Midsize Banks
The OCC is focusing on credit risk and strategic risk as the top risk priorities in its supervision of community...
Wendy’s Confirms Data Breach at More than 1,000 Locations
The fast-food chain Wendy’s yesterday confirmed that 1,025 locations -- nearly 20 percent of U.S. stores -- were part of...
ABA, FS-ISAC Issue Statement on SWIFT Compromises
In response to recent high-profile compromised communications sent through the SWIFT communications network, ABA -- together with the Financial Services...
FDIC Streamlines IT, Operations Risk Exam Procedures
Effective July 1, the FDIC will implement the Information Technology Risk Examination (InTREx) program for conducting IT and operations exams.
GAO Report Highlights FDIC Security Vulnerabilities
A recent audit of the FDIC’s financial statements revealed critical security gaps in its financial databases, according to a report...
Federal Agencies Release Ransomware Resources
Several federal agencies today released two new resources developed to inform senior executives at critical infrastructure entities of the threat...
FSOC Highlights Risks of Blockchain, Marketplace Lending
In its annual report and during its public session yesterday, the Financial Stability Oversight Council trained scrutiny on the potential...
