As the National Institute of Standards and Technology works to develop a sector-wide privacy framework, ABA yesterday joined the Bank Policy Institute and SIFMA in a comment letter encouraging NIST to consider existing data privacy frameworks already in place for financial institutions and to work collaboratively with the private sector.

Risks to the U.S. financial system remain moderate, though factors outside the U.S. -- including Brexit -- could potentially threaten financial stability in the months ahead, the Financial Stability Oversight Council said today in its annual report.

In a year that saw passage of a major regulatory reform law, U.S. financial institutions’ anxiety levels over compliance obligations eased significantly, according to a survey released this morning by Wolters Kluwer.

According to Gallup’s annual crime survey released today, 23 percent of Americans report that they or someone in their household had personal, credit card or financial information stolen by computer hackers in 2018. This reading is consistent with 2017 survey responses showing that 25 percent of Americans had experienced cybercrime. Of the nine types of criminal activity named in the ...

In this episode, employment law attorney Steve Greene and ABA senior counsel Jonathan Thessin discuss operational and compliance considerations that banks may want to consider before offering or expanding telework options.

The Financial Services Information Sharing and Analysis Center today named Steven Silberstein as its new president and CEO. FS-ISAC is a nonprofit member-driven organization focused on the resilience and continuity of the global financial services sector. Silberstein joins FS-ISAC from BlueVoyant, a global intelligence firm where he was COO. Prior to that, he served as CEO of Sheltered Harbor, an ...

How to blend the basics of fighting fraud with new tactics, capabilities and processes to keep pace with digital payments.

A free survey helps bank leaders determine the potential effects of a cyber event at their institution.

Noting that economic indicators are exceptionally positive, the Treasury’s Office of Financial Research flagged market risk, credit risk and cybersecurity as high or moderate concerns in its annual financial stability report today.

Bank investments in technology can create more vulnerability to tech-savvy fraudsters.