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

OCC: Banks should be ‘on balls of their feet’ in monitoring risk

Jun 15, 2023 | NewsWatch Today
While the overall strength of the federal banking system is sound, banks should be “on the balls of their feet” regarding risk management, the OCC said in its latest Semiannual Risk Perspective.

ICBA seeking feedback on Nacha ACH risk management proposal

Jun 9, 2023 | NewsWatch Today
ICBA is seeking survey responses from member community bankers on the potential impact of nine Nacha proposals related to ACH risk management.

CISA, FBI issue advisory on MOVEit Transfer vulnerability

Jun 8, 2023 | NewsWatch Today
The Cybersecurity and Infrastructure Security Agency and FBI published a joint cybersecurity advisory with technical information on the CL0P ransomware gang, also known as TA505.

ICBA Statement on Interagency Guidance on Third-Party Risk Management

Jun 7, 2023 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on Federal Reserve Governor Michelle Bowman’s statement regarding interagency third-party risk management guidance.

Global securities watchdog proposes guidelines for crypto regulation

May 24, 2023 | NewsWatch Today
The International Organization of Securities Commissions published a consultation report with its proposed policy recommendations for regulating crypto markets as securities.

OFAC sanctions individuals for cyber efforts supporting North Korea

Apr 25, 2023 | NewsWatch Today
The Treasury Department’s Office of Foreign Assets Control sanctioned three individuals for supporting North Korea via illicit financing and malicious cyber activity.