Mitigation

ICBA said it supports the Federal Trade Commission’s interest in the role and business practices of cloud service providers, or CSPs.

Pro-Russia hackers are planning to conduct cyberattacks against Western financial targets, including Swift and the Federal Reserve, according to an alert from the U.S. government.

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.