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Tag: cyberattacks


Capital and Risk, Operational

Federal Regulators Adopt New Computer-Security Incident Notification Requirements for Banks and Service Providers

December 2, 2021

Via: JD Supra

In response to increasingly frequent and sophisticated cybersecurity attacks on banks and bank service providers, the federal prudential banking regulators—the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, and the Federal […]


Capital and Risk, Operational

2020 review: Top five cyberattacks this year

December 22, 2020

Via: FinTech Futures

Ransomware is on the rise across all sectors. Sophos reports that half of all companies it surveyed had been hit by a ransomware attack and 48% of financial services firms reported being targeted. As fraudsters get more sophisticated, we will […]