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The latest cyberattacks pointing to the Russian government show that U.S. federal agencies and banks still lack a clear, collaborative game plan.December 30
Executive Director and Professor of LawGeorge Mason University's Scalia Law School, Program on Financial Regulation & Technology -
Federal banking agencies want to give the industry a hard deadline for notifying their regulators about serious security breaches and failed system upgrades.December 15
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It has been 15 years since the federal banking agencies issued guidance on an institution’s obligation to inform its regulator about a cyberattack. A proposal to be unveiled this week could establish a more specific notification deadline.December 14
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Fraudsters have increased their attempts to steal data through email scams since much of the financial services sector moved to remote work when the pandemic began.October 30
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Executives and technology analysts offered a host of concerns that are likely to dog credit unions well into the new year.October 14
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The regulator found that the financial services company failed to take precautions in disposing of hardware that contained sensitive customer information.October 8
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Increases in attacks, escalating money demands and the security challenges of having people work from home are magnifying the threat.October 7
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Increases in attacks, escalating money demands and the security challenges of having people work from home are magnifying the threat.October 6
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Regulators found fault with the bank’s cloud migration efforts in the years that preceded a 2019 hacking incident.August 6
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Over the weekend, hackers broke in through a third-party vendor to steal names, email addresses and other personally identifiable information.July 27
