Ransomware Attacks Ramp Up
With ransomware attacks increasingly targeting significant infrastructure providers, it’s critical for banks to be prepared.
Cybersecurity
FBI Warns of Ransomware Attacks Targeting Agriculture Sector
The FBI recently released an alert warning that ransomware attacks targeting the food and agriculture sector are disrupting operations, causing...
New Sheltered Harbor Solution Now Available from Jack Henry
As banks work to build cyber resilience and ensure business continuity by joining Sheltered Harbor—an industry-led initiative created to protect...
ABA, Trade Groups Raise Concerns about Cybersecurity Reporting Legislation
In a joint letter to Senate Intelligence Committee leaders today, ABA and two financial trade groups said that several provisions...
FFIEC Releases Guidance on Authentication, Access Risk Management for Digital Banking
The Federal Financial Institutions Examination Council today issued a guidance for financial institutions on effective authentication and access risk management...
ABA Releases Report on Understanding Cryptocurrency
The American Bankers Association today released a report on cryptocurrency for bankers that discusses its origins, uses, technological underpinnings and...
FFIEC Issues New Booklet on IT Architecture, Infrastructure, Operations
The Federal Financial Institutions Examination Council today issued a new booklet providing guidance to help examiners assess the risk profile...
Fed’s Quarles Skeptical on Benefits of U.S. CBDC
Cautioning against “American susceptibility to boosterism and fear of missing out” leading to “occasionally impetuous, deluded crazes or fads,” Federal...
Understanding the Biden Administration’s Cybersecurity Executive Order
New standards for vendors may ease banks’ due diligence responsibilities.
Biden Administration Calls for Private Sector Action to Combat Ransomware Attacks
With ransomware attacks on the rise, the Biden administration yesterday called on corporations to take several “highly impactful steps” to...
