Key questions and decisions bankers face in response to ransomware attacks
ABA has recently convened panel discussions and a simulation to highlight important challenges bankers will likely encounter.
Tag: Ransomware
ABA, associations urge SEC to rescind cyber disclosure rule
ABA joined the Bank Policy Institute and three other associations in calling on the SEC to rescind its cyber incident ...
FS-ISAC releases annual report on financial sector cyber threats
The financial sector is scrambling to keep up with the heightened risks posed by cyber threats through increasing investment in ...
ABA, associations urge officials to rethink cybersecurity reporting rule
ABA and three financial sector associations urged Trump administration officials to rescind and reissue a proposed rule requiring financial institutions ...
Federal report outlines potential risks to U.S. financial stability
The U.S. banking system remains resilient but there are pockets of potential vulnerability that need continued monitoring, such as in ...
FS-ISAC releases guide for financial institutions on ransomware defense
Guide focuses on ransomware mitigation best practices, incident response and crisis management, consideration for paying ransoms and resources for further ...
Ransomware in the financial sector
What to know and how to respond
Report: Average data breach cost for financial sector tops $6M
The average cost of a data breach for the financial sector rose roughly 3% over the past year to $6.08 ...
Proposed bill would block large ransomware payments by financial institutions
A proposed House bill would require financial institutions to notify the Treasury Department before making a ransomware payment, as well ...
Proposed rule to require reporting of cyberattacks, ransomware payments
The Cybersecurity and Infrastructure Security Agency announced a notice of proposed rulemaking to implement a 2022 law requiring financial institutions ...
