Financial Stability Board finalizes incident reporting framework
The Financial Stability Board announced it has finalized a common framework that financial firms can use to report operational incidents, ...
Tag: Data security
FS-ISAC releases guidance for implementing AI solutions
FS-ISAC released a report to help financial service providers predict the challenges and identify the uncertainties involved in implementing generative ...
Passwords, passcodes and pain points
Helping customers figure out the challenge of banking security.
ABA, associations urge Congress to extend cybersecurity information sharing law
ABA joined 11 associations in urging lawmakers to extend a federal law that established voluntary procedures for information sharing about ...
Biden issues executive order to strengthen government cybersecurity
President Biden issued an executive order directing government agencies to strengthen their cybersecurity, including taking steps that may benefit financial ...
Justice Department issues rule to protect bulk personal data from foreign actors
Routine financial activities are exempted from the rule, but for banks, it still may cover third-party vendors operating in countries ...
CISA releases cybersecurity goals for IT sector
While specific to IT, the goals provide software and product developers in all critical infrastructure sectors with minimum foundational practices ...
CFPB proposes new requirements for data brokers
The CFPB proposed a new rule to expand existing federal protections for consumer data to certain activities by data brokers.
CFPB urges states to reconsider exemptions for financial data in privacy laws
Several states have recently passed data privacy laws with exclusions for data collected by banks and other financial institutions, and ...
New York State issues guidance on AI-related cybersecurity risks to financial institutions
The New York State Department of Financial Services issued guidance for financial institutions on how artificial intelligence is changing cybersecurity ...
