ABA, Broad Coalition Call for Federal Data Protection Standard
In the wake of a trail of consumer data breaches, a vast coalition including ABA -- as well as groups...
Cybersecurity
Banks Say Risk Management is An Area of Increasing Concern
New regulations and recent data breaches have elevated banks’ concerns about risk management, according to the Regulatory and Risk Management...
Trade Associations Urge Congress to Pursue National Data Breach Standard
ABA and six other financial trade associations yesterday called on Congress to move forward with legislation to implement strong national...
Newsbytes Podcast: Breaking Down Silos in AML, BSA, Fraud and Cyber
In the latest episode of the ABA Newsbytes Podcast, taped before a live audience at the ABA/ABA Financial Crimes Enforcement...
Top Bank Risks in 2018
Cyber, third parties and regulatory changes continue to top the list.
FinCEN Launches New Public-Private Information-Sharing Forum
The Financial Crimes Enforcement Network will formalize FinCEN Exchange, a new forum to facilitate public- and private-sector information sharing on...
Fed’s Brainard: Standards Needed to Protect Consumer Data When Shared
Consumers need better information about what happens when they share bank account credentials with third-party financial aggregators, Federal Reserve Governor...
Survey: Share of Businesses Reporting Fraud Attempts Jumps 58 Percent
The number of companies reporting fraud attempts leaped from 42 percent in 2016 to 67 percent in 2017, according to...
Third-Party Tactics: Tips for Managing the Equifax Breach
How regulators expect banks to handle the Equifax breach from a third-party risk management perspective.
Basel Report Analyzes Risk Factors of AI, Machine Learning in Finance
The growing applications of artificial intelligence and machine learning technology in financial services holds the promise of making the financial...
