A top U.S. banking regulator is cautioning firms to ensure they have robust policies to protect themselves from cyberattacks, saying it is seeing an uptick in ransomware attacks, it said in a report issued Monday.
The Office of the Comptroller of the Currency said banks must have in place “robust” systems to identify threats and vulnerabilities in their technology, and should back up key systems and records in isolation to guard against hackers looking to disrupt systems for a payout.
