White House unveils cybersecurity labeling program for internet-connected devices
The Biden administration announced the official launch of the U.S. Cyber Trust Mark program, a voluntary cybersecurity labeling program for...
Cybersecurity
CISA releases cybersecurity goals for IT sector
While specific to IT, the goals provide software and product developers in all critical infrastructure sectors with minimum foundational practices...
Survey: Most banks anticipate growth in 2025
The survey by accounting firm Wipfli found that 97% of bank executives expected growth in the next 12 months, with...
Fed’s Cook identifies private credit, stablecoins among risks to financial stability
In a speech on financial stability, Federal Reserve Governor Lisa Cook said private credit, stablecoins, cyber threats and artificial intelligence...
Treasury Department releases recommendations for financial sector AI strategy
The Treasury Department released a report with recommendations on potential next steps for regulators and the private sector on the...
Congressional task force recommends favorable regulatory environment for AI adoption
Federal policymakers should foster an environment where financial services firms can responsibly adopt the benefits of artificial intelligence and ensure...
OCC: Cyber threats to financial institutions remain elevated
The federal banking sector remains sound, although banks’ operational risk remains elevated as evolving cyber threats target the financial services...
Federal cybersecurity office releases tips for consumers on avoiding holiday scams
The Office of Cybersecurity and Critical Infrastructure Protection has released a consumer advisory on avoiding cyber and online scams during...
Time and communication are crucial in spotting fraudulent transactions
Understanding what to look for is one step toward thwarting potential criminal activity.
Federal report outlines potential risks to U.S. financial stability
The U.S. banking system remains resilient but there are pockets of potential vulnerability that need continued monitoring, such as in...
