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 ...
A proposed House bill would require financial institutions to notify the Treasury Department before making a ransomware payment, as well ...
The Cybersecurity and Infrastructure Security Agency announced a notice of proposed rulemaking to implement a 2022 law requiring financial institutions ...
Cybercriminals are professionalizing and a new threat is on the rise.
The cover story of the latest issue of the ABA Banking Journal features an unprecedentedly transparent look into what happens ...
Inside one community bank’s cybersecurity nightmare scenario.
Keeping up with changing regulations was the top concern for U.S. financial services firms, according to Wolters Kluwer’s annual Regulatory ...
‘One of the hardest parts of this rule is trying to understand where the balance is.’
The value of ransomware-related BSA filings in 2021 approached $1.2 billion—a 188% increase compared to the previous year.
Banks and businesses face a growing threat from malicious cyber actors seeking to hold critical systems hostage.
Banks should have a step-by-step plan on how to handle cyber-attacks, including securing whatever data possible and quickly notifying law ...
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