Data and information management

A new industry standard from the Cloud Security Alliance aims to solve major security challenges for companies that rely heavily on cloud-based operations.

The operation washed checks stolen from USPS boxes and used "money mules" recruited on Instagram, causing financial and personal distress for victims.

Six class action lawsuits seek over $5 million after an insider accessed sensitive records.

Former employees at First Horizon Bank and M&T Bank committed crimes by misappropriating customer data and stealing money from a customer's bank account.

The companies have signed a new data-sharing agreement that includes an undisclosed pricing structure. Plaid said it will not pass the new costs on to its clients.

SMS-based multifactor authentication is now so badly compromised that it has become a major vector for fraud. But there's a potential solution, and it's in every bank customer's pocket.

When JPMorganChase said it planned to charge aggregators for its customer data, it sparked strong feelings on all sides.

Pious claims about the importance of free data are a smoke screen. What the fintech industry really wants is to stick banks with the bill for organizing, securing and delivering customer data on their behalf.

A 2024 hospital ransomware breach highlights what Wyden calls Microsoft's systemic failures, urging the FTC to take action.

From FedNow to Venmo, banks are tapping QR codes for speed and security. Scammers are also exploiting the blind trust they elicit.

Researchers warn the Android banking trojan can steal money, drain crypto wallets and enable NFC relay fraud.

The Office of the Comptroller of the Currency is telling financial institutions that they must safeguard customer data even when federal agencies request information in criminal investigations, addressing Republican concerns about debanking that arose after the Jan. 6 Capitol attack.

Predators often target boys ages 14 to 17, demanding money or using deepfakes to extort them.

A critical U.S. cybersecurity law sunsets Sept. 30, and banks say losing it would weaken defenses against hackers.

The database contained internal user emails, KPI report templates and other internal data, but no personal or financial customer data.

The American Fintech Council urged a federal court to deny requests by banking groups to stay the Consumer Financial Protection Bureau's open banking rule compliance dates while litigation is ongoing.

Attackers used stolen vendor credentials to move $130M, underscoring vulnerabilities in real-time payment systems.

The payment company claims the bank is trying to "take advantage" of uncertainty around open banking regulations.

The American Fintech Council wants Congress to amend the Gramm-Leach-Bliley Act to preempt state privacy laws with both entity-level and data-level exemptions, as well as eliminating restrictions on the secondary use of data.