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Treasury, banking groups band together to fight cyberattacks

American Banker

The federal Project Fortress initiative provides defensive tools for banks. Community-banking groups and regulators' associations say small banks in particular need the free and accessible help.

Groups 76
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'Not Just a Big-Bank Problem': Regulators Talk Cybersecurity

American Banker

With even community banks getting hit by ransomware attacks, there's a long list of cybersecurity practices that bankers can expect their supervisors to scrutinize during upcoming exams.

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Community banks are falling short on vendor oversight: Survey

American Banker

Small and midsized banks fail to implement key oversight measures on their third-party vendors, something regulators implore they fix, according to research released Tuesday.

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How cybersecurity, AI and senate elections will shape banking in 2024

American Banker

New regulations involving cryptocurrency and the results of key elections will impact the industry's success this year.

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American Banker news quiz: May 17

American Banker

In this week's edition of the American Banker news quiz, gauge your understanding of topics like cybersecurity testing, the impact of high interest rates on community banks, FDIC Chairman Martin Gruenberg and more.

FDIC 57
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Formerly troubled bank released from Fed enforcement action

American Banker

Hackers breached the New York community bank's cybersecurity walls in 2022, drawing regulatory scrutiny and causing its CEO to resign.

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Some Cyber Regulations Are Excessive. Not This One

American Banker

If modified, the cybersecurity standards in New York State are a step in the right direction to protect banks and consumers.