CYBER & DATA SECURITY

Mitigation

Prevention and risk mitigation are key components in every aspect of bank operations - the same holds true in the protection of customer data.


Vulnerabilities & Mitigation

Cybersecurity and data security vulnerabilities come in many forms. Use these resources to know what you are dealing with and how to stay one step ahead.

Name Source Date

Alerts

Cybersecurity and Technology News

Fed’s Bowman: Regulators shouldn’t hinder crypto innovation

Jan 11, 2023 | NewsWatch Today
Federal Reserve Governor Michelle Bowman said that while crypto-assets can pose significant risks to consumers and the financial system, regulators should avoid hindering innovation.

ICBA to SBA: Don’t Add Unregulated Fintechs to Federal Loan Program

Jan 6, 2023 | Press Release
The Independent Community Bankers of America (ICBA) reiterated its call for the Small Business Administration to maintain its long-standing moratorium on the number of non-federally regulated institutions, including nonbank fintech companies, that can make loans under its 7(a) program.

Boston Fed, MIT end CBDC research project

Dec 23, 2022 | NewsWatch Today
The Federal Reserve Bank of Boston and MIT concluded their joint Project Hamilton research project into the technical feasibility of a potential U.S. central bank digital currency.

NCUA chief backs bill to tighten credit union cyber oversight

Dec 19, 2022 | NewsWatch Today
The head of the National Credit Union Administration called on Congress to pass ICBA-advocated legislation that would authorize the agency to examine credit union third-party service providers for cyber risk.

New bill would establish national data breach standard

Dec 19, 2022 | NewsWatch Today
Rep. Blaine Luetkemeyer (R-Mo.) reintroduced ICBA-advocated legislation to establish a national data breach notification standard.

ICBA backs ‘same risk, same regulation’ approach to crypto oversight

Dec 16, 2022 | NewsWatch Today
ICBA said it strongly supports the Financial Stability Board’s approach to international crypto-asset regulation that is based on the principle of “same activity, same risk, same regulation.”