Mitigation

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 is seeking survey responses from member community bankers on the potential impact of nine Nacha proposals related to ACH risk management.

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.

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.

The International Organization of Securities Commissions published a consultation report with its proposed policy recommendations for regulating crypto markets as securities.

The Treasury Department’s Office of Foreign Assets Control sanctioned three individuals for supporting North Korea via illicit financing and malicious cyber activity.