Cyber security
Cyber security
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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.
September 16 -
Artificial intelligence is going to be integrated into the financial system. So, banks need to be clear-eyed about its potential dangers, and proactive about avoiding them.
September 16 -
The Treasury Department's chief AI officer said artificial intelligence can relieve the burden of mind-numbing activities such as anomaly detection and can spur employees to think more creatively.
September 12 -
Credit card company is seeking to secure online payments using tokens based on consumers' biometric information.
September 3 -
Mr. Cooper will be filing a motion to dismiss a data breach-related class action by Sept.13, documents show.
September 3 -
Texas Dow Employees Credit Union publicly acknowledged on Monday that it suffered a data breach in May of last year.
August 28 -
Shutting down Telegram could disrupt fraudsters targeting banks, according to experts. With charges against CEO Pavel Durov, the idea appears more than hypothetical.
August 28 -
Social Security numbers are a dime a dozen on the black market, so cybercriminals are going after bigger and more sophisticated databases.
August 23 -
Vice Chair for Supervision Michael Barr says generative AI could present financial-stability risks if certain models are used ubiquitously.
August 20 -
Even as quantum computers still can't break encryption, the banking industry has been preparing for more than a year to start switching to post-quantum cryptography.
August 19 -
While financial institutions continue to recover from the widespread tech disruption, executives are asking what effective fix-it plans might look like during future events.
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