The FDIC announced it has added three videos to its online Technical Assistance Video Program, which is designed to provide information to bank directors, officers and employees on areas of supervisory focus and regulatory changes.
While social media fraud is a problem for all ages, younger people are particularly susceptible,…
The FBI and CISA have released an updated joint cybersecurity advisory in response to recent activity by the cybercriminal group Scattered Spider against the commercial facilities sectors and subsectors.
As the holiday shopping season gets underway, the Treasury Department’s Office of Cybersecurity and Critical Infrastructure Protection issued an advisory with tips for consumers to protect themselves from scams and fraud.
Equipping your institution with the right tools and a well-crafted strategy can help you stay one step ahead, mitigate loss and maintain customer trust and loyalty.
Rep. Andrew Garbarino (R-N.Y.) and Sen. Thom Tillis (R-N.C.) introduced a resolution of disapproval to overturn the Securities and Exchange Commission’s cyber incident reporting rule, which the SEC adopted in July and which requires public companies to disclose material cybersecurity incidents within four business days.
Regulators should coordinate with each other to lessen the effect of overlapping requirements as they consider harmonizing federal regulations governing cybersecurity, ABA and the Bank Policy Institute said in a joint letter to the White House’s Office of the National Cyber Director.
President Biden issued a sweeping executive order directing federal agencies to review and possibly draft new rules governing the use of artificial intelligence across multiple sectors of the economy, including financial services.
Federal agencies are tackling the broader cloud infrastructure and security issues impacting financial institutions, but banks will have to deal individually with many of the issues a recent Treasury report identifies.