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.

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Cybersecurity and Technology News

OCC penalizes converted crypto bank

Apr 22, 2022 | NewsWatch Today
The OCC issued a consent order against Anchorage Digital Bank, one of the first crypto firms to receive conditional approval for a national trust charter.

FS-ISAC covers Russian threats, data center cyber risk

Apr 15, 2022 | NewsWatch Today
The Financial Services Information Sharing and Analysis Center’s most recent weekly risk summary report covers the latest threats from the Russia-Ukraine conflict; Octo, a new Android banking trojan; and phishing campaigns targeting financial institutions.

OCC’s Hsu addresses key stablecoin policy considerations

Apr 11, 2022 | NewsWatch Today
Acting Comptroller of the Currency Michael Hsu identified three key policy issues critical to understanding and shaping the stablecoin system: stability, interoperability, and separability.

Treasury Secretary Janet Yellen Speech on Digital Assets Reflects ICBA Priorities

Apr 7, 2022 | Press Release
Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following statement on Treasury Secretary Janet Yellen’s remarks on digital assets.

Banks, Credit Unions and Consumer Groups Call for Passage of Bipartisan Solution to Close ILC Loophole

Apr 5, 2022 | Press Release
A broad coalition of bank and credit union associations and consumer organizations today submitted a letter to the U.S. House Committee on Financial Services urging passage of the Close the ILC Loophole Act (H.R. 5912), introduced by Representatives Chuy Garcia (D-IL) and Lance Gooden (R-TX).

DeFi platform crypto hack might be largest ever

Mar 30, 2022 | NewsWatch Today
Decentralized finance platform Ronin Network announced a hack of more than $625 million in cryptocurrencies, possibly the largest crypto hack on record.