Cyber security
Cyber security
-
The sheer volume of data that collected by Internet-connected "things" cars, homes, wearable devices, and yes, refrigerators could help deepen banks' relationships with customers. But it also adds more avenues for security breaches and raises privacy concerns.
June 24 -
As sexy as decentralized systems and automation are these days, human involvement is still necessary in many areas.
June 17 -
If banks don't weigh in on an appropriate privacy standard, they risk letting outside events spark onerous new regulations.
June 15 -
Cybercriminals understand psychology just as much as they do technology. Here are steps your bank employees must take to mitigate the risk of phishing and other attacks.
June 14 -
The Federal Deposit Insurance Corp. was able to access emails between staff at the agency's Office of Inspector General in a possible violation of the watchdog agency's independence, the FDIC confirmed Monday.
June 13 -
A vendor-created messaging network has attracted hundreds of community banks, many of which have decided it is easier to stop financial crime as a group.
June 10 -
Many financial criminals are switching to a more sophisticated kind of identity theft in which they open accounts based on stolen identities, or on composites of information stolen from different people.
June 9 -
Regulators need to start paying attention to "denial-of-system" attacks as one of the triggers that could bring down a systemically important institution.
June 9 -
Throw Cathy Bessant of Bank of America a question about a hot tech topic, and she's got answers. Blockchain? She loves it but is still waiting for its use case. Patents? The law is making us be aggressive. Swift? A call to action. And that's just the start.
June 8 -
Federal regulators issued a statement Tuesday reminding banks how they can protect themselves from cyberattacks.
June 7 -
Comments by JPMorgan Chase's Jamie Dimon have added fuel to the long-discussed idea of a national database that would make it easier for banks to vet customers for anti-money-laundering and other risks.
June 3 -
The chief executive officer of Swift, the interbank messaging system embroiled in a global bank-hacking controversy, says to expect more information about breaches to emerge as fully armoring the network's defenses is likely to take years.
June 3 -
Some days the ride-sharing app receives more than a million phishing emails a stat to which large banks can relate. But after deploying common protocols and open-source software, Uber now rejects most bad emails.
June 2 -
The drumbeat of news about hackers stealing millions of dollars by gaming the Swift interbank messaging system should have been a wake-up call for banking executives, but it's unclear how many of them answered it. Is it too late for them to shore up their defenses?
June 1 -
The Federal Reserve detected more than 50 breaches of its computer systems from 2011 to 2015, Reuters reported, adding to signs that the central bank may be vulnerable to hackers or spies.
June 1 -
A recent spate of breaches on Asian banks that allowed hackers access to the Swift network have resulted in finger pointing, and some calls for creating a new, more secure network. But the issues faced by Swift would likely be the same with any replacement network.
May 29 -
Everyone agrees that electronic transactions should be as safe as possible, but a PIN mandate will not prevent online or mobile fraud.
May 24 -
WASHINGTON Seven financial trade groups announced Monday that they are banding together to push legislation that would extend banklike data security standards to retailers and nonbank businesses.
May 23 -
As the Federal Deposit Insurance Corp. grapples with a series of newly revealed cybersecurity incidents, the U.S. government is prosecuting a former agency employee over a 2012 breach.
May 20 -
Huntington Bancshares is the latest institution to add a cybersecurity expert to its board, highlighting the growing importance of guarding against hackers and other online dangers.
May 16








