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The gang allegedly had been involved in some of the highest-profile ransomware attacks against financial institutions of recent years.
By Carter PapeFebruary 20 -
A report reveals Heartland Tri-State Bank's failure last year was due to its CEO being ensnared in a sophisticated investment scam that is taking more victims.
By Carter PapeFebruary 19 -
Customers with deferred compensation plans at the bank had personally identifiable information compromised through a third party, Infosys McCamish.
By Carter PapeFebruary 13 -
The cybersecurity leaders argued in a recent court briefing that the SEC's lawsuit against the SolarWinds CISO could harm the profession at large.
By Carter PapeFebruary 11 -
Republican legislators and the American Fintech Council expressed worries recently over how the FDIC has managed its innovation efforts, highlighting the significant changes to an office established to head those efforts.
By Carter PapeFebruary 5 -
With the growing interest in generative AI, it seems inevitable that some banking jobs will change while others will be eliminated entirely.
By Carter PapeJanuary 29 -
Comments from SEC Chair Gary Gensler and market fundamentals have created ample reason for banks to stay away from crypto, despite early bird upsides.
By Carter PapeJanuary 22 -
The Federal Reserve's vice chair for supervision also said he expects cyber threats against the financial services industry to become increasingly disruptive.
By Carter PapeJanuary 17 -
Robinhood and a few other trading app providers immediately announced support for the newly approved spot bitcoin ETFs. But Vanguard announced this week it would not allow customers to invest in them.
By Carter PapeJanuary 12 -
The decision could make bitcoin a major part of more investing portfolios. But after bitcoin, the SEC is likely to move slowly on approving other crypto-tied ETFs.
By Carter PapeJanuary 11