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The supposed glitch was simply check fraud. The bank is suing four people who allegedly took as much as $290,000 from the bank as part of the scheme.
October 29 -
The rule, finalized Tuesday, enables consumers to share their financial data with third parties. Here are the implications for banks.
October 25 -
A ban on screen scraping and new disclosures to consumers about data usage are among the new elements of the data protection rule.
October 22 -
A whitepaper from FS-ISAC, a financial services industry group focused on cybersecurity, advocates that banks develop so-called "cryptographic agility."
October 18 -
The guidance from Adrienne Harris clarifies how a key cybersecurity regulation — Part 500 — applies to the risks and uses of AI inside banks, including risks associated with deepfakes.
October 16 -
The investing platform disclosed a data breach this week, offering few details on the impact or how customer accounts could cause such damage.
October 10 -
A debt collection agency that provided services to Truist suffered a data breach in February affecting 4.2 million people. Truist now says some of those were its customers.
October 7 -
Depending on the data, Zelle can be seen either as a leading target for fraudsters and scammers, or better than average at stopping these criminals.
October 7 -
In a six-month pilot, NatWest and Metro Bank shared with Meta 185 URLs connected to scams, enabling the platform to take down 20,000 accounts.
October 2 -
Password requirements are often needlessly complex, according to the standards-setting body, which has proposed rules for government agencies.
October 1
