FSSCC Makes Recommendations to Presidential Cyber Commission
The American Bankers Association, in partnership with the Financial Services Sector Coordinating Council, offered five recommendations last week to the ...
Tag: Cybersecurity
FinCEN Issues Advisory on Email Compromise Fraud
With email compromise schemes -- in which criminals fraudulently persuade individuals and companies to transfer funds -- on the rise, ...
Data Theft Damages: Who Pays?
When it comes to data breaches, the hack of the archaic Myspace—the failed social media platform that was rendered obsolete ...
How Malware on Customer Devices Threatens the Bank
Client-side injected malware can harm the customer's digital journey.
FBI Issues Warning about Email Scams
The FBI yesterday issued a notification warning companies of the ongoing threat of business email compromise scams that caused losses ...
Interagency Committee Holds Meeting on Cybersecurity
Members of the Financial and Banking Information Infrastructure Committee -- a group of representatives from 18 federal and state financial ...
Congressional Investigation Finds Major Cyber Lapses at FDIC
The FDIC has seen major cybersecurity lapses and needs significant improvements, according to a preliminary investigation by the House Committee ...
ABA, FS-ISAC Issue Statement on SWIFT Compromises
In response to recent high-profile compromised communications sent through the SWIFT communications network, ABA -- together with the Financial Services ...
FDIC Streamlines IT, Operations Risk Exam Procedures
Effective July 1, the FDIC will implement the Information Technology Risk Examination (InTREx) program for conducting IT and operations exams.
GAO Report Highlights FDIC Security Vulnerabilities
A recent audit of the FDIC’s financial statements revealed critical security gaps in its financial databases, according to a report ...
