Mitigation

The Federal Reserve plans to publish a white paper early next year on community bank partnerships with fintech companies and effective practices for managing those arrangements, Fed Governor Michelle "Miki" Bowman told ICBA community bankers.

The FBI recently issued a Private Industry Notification warning that cyber criminals are taking advantage of the work-from-home environment to exploit web-based email applications.

A new Main Street Matters post for community bank marketers covers Google's updated advertising policies taking effect later this month and how to navigate this sea change.

As Americans venture online in greater numbers to accommodate work, school and shopping, ICBA and the nation’s community banks are offering practical steps during Cybersecurity Awareness Month to help them safeguard sensitive data.

Banks should expect examiners and the Financial Crimes Enforcement Network to ask about risk exposure related to virtual currencies, FinCEN Director Kenneth Blanco said.

A New York Fed blog by Rod Garratt, Michael Lee, Brendan Malone, and Antoine Martin explores common distinctions made between “token-based” and “account-based” digital currencies.