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Regulators are developing joint standards for cybersecurity, testing special exam procedures and helping banks assess their own readiness, Federal Deposit Insurance Corp. Chairman Martin Gruenberg said at American Banker's 4th Annual Regulatory Symposium. That's a good thing because community bankers said they need a lot of help.
September 22 -
To obtain approval and funding for security improvements, bank technologists have to make their case by pointing to losses from recent security breaches. But calculating those losses can be tricky.
September 11 -
A large cybertheft against JPMorgan Chase and other big New York banks is said to have started with a break-in on an employee's computer at home. It serves as a reminder that big problems can start in small places and that banks need to take more steps to minimize the damage from hacker attacks.
August 28 -
As cyberattacks against banks escalate with 93% of banks worldwide reporting they've been hit Bremer Bank in Minnesota ramps up its defenses.
September 8
JPMorgan Chase denied knowledge of an additional security breach Thursday after the New York Times
Hackers with ties to Italy or southern Europe recently gained access to some of the bank's servers, according to the Times report, which cited multiple anonymous sources.
It is unclear whether this discovery indicates a second breach or simply wider damage from the one known to have occurred this summer, the Times said.
A JPMorgan spokeswoman dismissed the suggestion of a new attack.
"We are not aware of any new attacks," the spokeswoman, Trish Wexler, told American Banker.
In June, hackers exploited
