OCC: Pandemic, Low Rates Shape Risk Environment for Banks
The response to the coronavirus pandemic continues to shape the risk environment for banks, according to the OCC’s Semiannual Risk ...
Tag: Cybersecurity
Joint Agency Paper Offers ‘Sound Practices’ for Operational Resilience
The Federal Reserve, the OCC and the FDIC late Friday released an interagency paper outlining sound practices for strengthening operational ...
ABA Survey: Americans Trust Banks Most to Safeguard Personal Data
Banks are more trusted than healthcare companies, nonbank payment providers and the government to keep their information secure and private, ...
FTC: Social Media Scams Accelerate in First Half of 2020
Scams that start on social media have been increasing for years and climbed from $134 million total reported losses in ...
ABA, Groups Urge Congress to Bolster Cyber Information Sharing
A coalition of trade groups from the financial, business, and critical infrastructure sectors—including ABA—yesterday urged Congress to improve intelligence sharing ...
FSB Issues ‘Effective Practices’ to Help Banks with Cyber Response, Recovery
The Basel, Switzerland-based Financial Stability Board today issued a toolkit of 49 cyber incident response and recovery practices for financial ...
Treasury Issues Ransomware Advisories as Part of Cybersecurity Awareness Month
The Treasury Department issued a pair of advisories today as part of Cybersecurity Awareness Month, to help combat ransomware as ...
OCC Outlines Supervision Priorities for 2021
The OCC today released its bank supervision operating plan for fiscal year 2021, identifying what each of the agency’s supervisory ...
ABA Launches National Anti-Phishing Campaign with 1,500 Bank Partners
The American Bankers Association, together with nearly 1,500 banks serving the vast majority of retail bank customers in the U.S., ...
ABA Vice Chairman Warns of Growing Phishing ‘Crisis,’ Previews New ABA Campaign
With the Federal Trade Commission estimating that American’s lost $1.48 billion to phishing scams in 2018, ABA Vice Chairman Scott ...
