Cyber security
Cyber security
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The order stemmed from a cybersecurity breach in 2022. The Office of the Comptroller of the Currency also lifted the bank's "troubled condition" status.
December 3 -
In a report Tuesday, credit bureau Experian predicted that government identity systems could get an update in the coming year. Here's what else could happen.
December 3 -
The National Credit Union Administration lacks the authority to regulate third-party vendors that supply vital services to the industry. This creates a major risk to credit union customers and the broader U.S. economy.
November 26 -
While companies tend to amp up warnings to consumers about fraud and scams during the holidays, institutions may also need to bulk up their defenses.
November 25 -
The breach, which occurred earlier in November, did not directly impact customer operations, but a threat actor stole data meant for customers.
November 21 -
The five-part framework suggests both technical and governance solutions to protect consumers from losing money to scammers and fraudsters.
November 19 -
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Small and midsized banks fail to implement key oversight measures on their third-party vendors, something regulators implore they fix, according to research released Tuesday.
November 12 -
The agency said VyStar customers took on fees and credit report demerits because they could not access banking functions for months following an attempted upgrade.
November 1 -
This month's roundup features news about the rising concerns of Zelle fraud, JPMorgan Chase's AI arms race with Capital One and more.
October 31 -
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 - AB - Technology
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 -
As regulators and Congress push for stronger consumer protections as losses mount, payment experts say there are steps companies should be taking now to respond.
October 7 -
Password requirements are often needlessly complex, according to the standards-setting body, which has proposed rules for government agencies.
October 1 -
House Republicans grilled a company exec about its widespread outage, but some, including Mark Green, R-Tenn., thanked the company for its response.
September 27 -
Ally customers are blaming the bank for data breaches at its vendors, arguing that basic cybersecurity measures would have prevented the thefts.
September 20 -
St. Mary's Bank in New Hampshire tries to serve members as it has for 116 years, while dealing with today's cybersecurity and fraud concerns.
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