Cyber security
Cyber security
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The cybersecurity job market is growing fast, but aspiring professionals face barriers to entry, from experience requirements to employer demands.
February 3 -
The group was still the most active such gang last year, but its activity appears to have been severely hampered by law enforcement.
January 30 -
Pressing tech items across banking include the Federal Deposit Insurance Corp.'s impending Synapse rule and Regions Bank's play for an open banking future.
January 30 -
The settlement detailed the missteps PayPal took in the lead-up to the attack and highlighted common risks — both on compliance and security — banks face.
January 23 -
The ruling lets state Attorney General Letitia James continue arguing Citi should have reimbursed customers for wire fraud, though some claims were dismissed.
January 22 -
A security researcher found a database exposing names, addresses, and bills apparently belonging to Willow Pay, a fintech for short-term financing on bills.
January 21 -
The order calls on federal agencies to support more forms of digital identity documents and could lead more states to adopt digital driver's licenses.
January 16 -
Banks must comply with a European Union law known as DORA by Friday. The law aims to improve cybersecurity and reduce tech failures in financial services.
January 15 -
Amendments to New York's cyber rules — and a focus on privacy in California — mean banks must enhance risk controls, encryption and customer protections.
January 13 -
An alarming percentage of cyberattacks in 2024 exposed eight or more pieces of sensitive customer information, a notable increase in severity. Banks need to have both proactive and reactive strategies in place to protect customers.
January 10 -
Modeled after Energy Star, the Cyber Trust Mark will label smart devices that pass federal cybersecurity standards.
January 8 -
Financial institutions need to beware of advanced persistent threats and of the potential security shortcomings of their vendors, experts say.
January 3 -
2024 brought important issues front and center for bankers, ranging from the rise of artificial intelligence to the fall of banking-as-a-service.
December 31 -
The department was notified December 8 by third-party software provider BeyondTrust that a hacker had gained access through a tech support service.
December 30 -
Data breaches in 2024 exposed billions of records, impacting financial firms, banks and consumers alike.
December 16 -
The merger pairs the fintech's consumer lending platform with Gen Digital's identity-protection services, such as Norton, LifeLock and ReputationDefender.
December 10 -
The holiday season presents online shopping and charity scam risks, and this year presents a novel threat of AI-assisted fraud. Here's how banks are helping their customers avoid these schemes.
December 6 -
While it's true that the National Credit Union Administration needs the authority to regulate third-party vendors, credit unions themselves have considerable power to force vendors to observe best practices.
December 6 -
The Financial Stability Oversight Council's annual report underscores mounting challenges in commercial real estate, escalating cyber threats, and regulatory gaps in third-party services and stablecoins, urging stronger oversight and legislative action.
December 6 -
The FDIC, OCC, NCUA and Fed each signed onto a letter that detailed strategies for mitigating financial crimes against older Americans.
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