PYMNTS

JUNE 16, 2020

He also recommended that the Financial Stability Oversight Council (FSOC) be charged with “the responsibility to create a framework for regulating cryptocurrencies and developing guidelines for strong protections against money laundering and cybersecurity threats to those marketplaces.”.

US 227

US Cyber Security Security National 227

Cisco

JUNE 7, 2022

This dubious distinction and related implications of a breach have ensured financial services’ high level of cyber security proficiency, protection, and alignment with standards such as the International Standards Organization (ISO) 27k series on IT risk and the US National Institute of Standards and Technology (NIST) Cyber Security Framework.

Risk Management 118

Risk Management Management Cyber Security Handbook 118

PYMNTS

SEPTEMBER 20, 2017

New York Governor Andrew Cuomo announced that he wants credit reporting firms to comply with the state’s new cyber-security regulations in the wake of the massive Equifax hack , according to Reuters. If the companies fail to register, they could be barred from doing business with financial companies regulated by New York State.

Cyber Security 100

Cyber Security Report New York Massachusetts 100

PYMNTS

OCTOBER 17, 2016

Shlomo Touboul, Chief Executive of Israeli-based cyber security firm Illusive Networks believes that banks are under constant attack. banks divests regulators of information that could prevent further attacks, according to Reuters. million | The number of cyber-related crimes occurring annually in the UK.

Cyber Security 100

Cyber Security Data Security Regulation 100

PYMNTS

JUNE 12, 2017

From data being stolen to new products for securing the digital arena and Germany’s Angela Merkel calling for digital security regulation, there’s a lot going on that opens up the floor to true digital security and whether or not it’s ever possible.

Security 110

Security Cyber Security Data Apple 110

PYMNTS

JANUARY 2, 2020

The finance ministry in India passed a new regulation saying that companies with sales of more than ?50 The new regulation went into effect on Jan. 50 crores (about $7 million) will have to offer customers electronic payment modes like debit cards, powered by RuPay, according to a report by LiveMint. .

Cards 130

Cards blockchain Retail Cyber Security 130

Chris Skinner

AUGUST 25, 2016

Things we’re reading today include … U.S.

Cyber Security 150

Cyber Security blockchain Study Regulation 150

American Banker

DECEMBER 8, 2023

The deadline for compliance with the Securities and Exchange Commission's new cyber disclosure regulations is coming. Banks need to be ready.

Regulation 34

Regulation Compliance Security Cyber Security 34

PYMNTS

FEBRUARY 24, 2020

The country’s government and regulators are keeping pace with those in the European Union and the U.S. Foreign firms and regulators tend to think of Chinese laws as either too strict, wide-reaching or lax — perceptions that have failed to keep up with local regulations’ developments. “In he remarked. “I

Regulation 160

Regulation Policies Data Compliance 160

PYMNTS

JANUARY 29, 2018

finds companies are unprepared for the upcoming General Data Protection Regulation (GDPR). For the businesses that are aware, a bit more than a quarter said they’ve made changes to their operations in order to comply with the new rules aimed at data privacy and security. A new report released in the U.K.

Cyber Security 112

Cyber Security Survey Regulation Security 112

American Banker

DECEMBER 14, 2020

It has been 15 years since the federal banking agencies issued guidance on an institution’s obligation to inform its regulator about a cyberattack. A proposal to be unveiled this week could establish a more specific notification deadline.

Regulation 69

Regulation Report Data Cyber Security 69

PYMNTS

JANUARY 7, 2020

s National Cyber Security Centre (NCSC) and regulators with the Financial Conduct Authority were already looking into the cyberattack, with the NCSC saying it would work closely with law enforcement. Discovered on New Year’s Eve, the cyberattack is now the focus of a criminal investigation, led by the Metropolitan Police.

Cyber Security 130

Cyber Security Online Retail National 130

American Banker

JULY 17, 2024

An analysis of 13 comment letters from the financial industry highlights the most important changes banks want to see to rules proposed by CISA.

Regulation 48

Regulation Analysis Industry Cyber Security 48

PYMNTS

DECEMBER 3, 2018

According to a report in the Wall Street Journal citing cyber security specialists, the breach in which the personal information of as many as 500 million customers was exposed began in 2014, going undetected until September of 2018. The hack could hurt Marriott’s reputation at a time when it’s fighting off the likes of Airbnb.

Cyber Security 122

Cyber Security Security Cards Resources 122

PYMNTS

AUGUST 30, 2016

“It would also give MAS the flexibility to address emerging risks such as cyber security, interoperability, technology, and money laundering and terrorism financing. It is envisioned that activity-based regulation of payment service providers would build public confidence and encourage the use of electronic payments.”

Fintech 101

Fintech Cyber Security National Regulation 101

American Banker

JUNE 6, 2024

A report on efforts to deconflict federal cybersecurity regulations found the Treasury in particular has not completed its recommendations.

Regulation 83

Regulation Report Cyber Security Security 83

American Banker

OCTOBER 7, 2024

As regulators and Congress push for stronger consumer protections as losses mount, payment experts say there are steps companies should be making now to respond.

Fraud 76

Fraud Payments Regulation Company 76

PYMNTS

JULY 29, 2019

The site noted the findings of the Australian Cyber Security Centre, which found that scammers took off with as much as $700,000, and that one company lost $170,000, the largest amount lost by a single company. The technique remained the same, where SMBs were directed to send goods across fake invoices. billion.

Fraud 138

Fraud Cyber Security Cards Report 138

American Banker

NOVEMBER 20, 2023

In our ongoing battle against financial fraud, we need a holistic overhaul of the regulatory landscape to safeguard the financial industry and its stakeholders effectively.

Fraud 41

Fraud Regulation Industry Cyber Security 41

American Banker

NOVEMBER 12, 2024

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.

Community Bank 36

Community Bank Survey Community Regulation 36

PYMNTS

SEPTEMBER 21, 2019

It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. Stronger passwords. Paying closer attention to suspicious emails. Using public wi-fi with caution and safeguarding mobile apps. ” The U.S.

Data 202

Data Los Angeles Survey Cyber Security 202

Qudos Bank

FEBRUARY 15, 2024

With online scams leading to millions of dollars in financial losses [2] annually it may be worth paying attention to how well a bank invests in their security and fraud protection, including security practices, privacy measures, and their process for treating fraudulent and unauthorised banking activity.

Cyber Security 52

Cyber Security Security Fraud Online 52

American Banker

AUGUST 2, 2024

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

Groups 76

Groups Community Bank Community Tools 76

FICO

JANUARY 18, 2023

The third annual State of Responsible AI in Financial Services report released today, alerting the industry to come together and self-regulate its use of AI. More than ever, I believe this year’s report sounds the alarm bell for financial services firms, signaling that the industry must come together to self-regulate its use of AI.

Analytics 52

Analytics San Diego Regulation Compliance 52

CFPB Monitor

MARCH 8, 2019

The proposed amendments to the Safeguards Rule will better align the rule with prevailing cyber security standards, such as the NY DFS cybersecurity regulations and the NIST framework. Requiring periodic reports submitted to the boards of directors to ensure compliance.

Cyber Security 68

Cyber Security Guidelines Security Compliance 68

American Banker

FEBRUARY 14, 2024

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

cryptocurrency 83

cryptocurrency Regulation Industry Cyber Security 83

PYMNTS

DECEMBER 20, 2017

Last week, PYMNTS noted Gibraltar’s plans to introduce blockchain regulation into its financial services space. Many firms have been craving for a jurisdiction to regulate them.”. Other governments may not be entirely ready for blockchain regulation just yet, but some have made new progress in using the technology.

blockchain 135

blockchain Cyber Security Groups Regulation 135

PYMNTS

SEPTEMBER 24, 2018

In the wake of the news earlier this month that British Airways had found, and reported, a data breach within the 72 hours mandated by the General Data Protection Regulation , the question remains: How much is it going to cost, if anything? In the ICO investigations that followed, the regulator said that when it came to data of U.K.

Data 152

Data Cyber Security Regulation social media 152

American Banker

JANUARY 2, 2024

Brighton Bank entered a consent agreement with the regulator regarding violations of anti-money laundering laws.

Tennessee 82

Tennessee FDIC Regulation Cyber Security 82

CFPB Monitor

SEPTEMBER 3, 2019

The creation of this portal allows financial service industry regulators across the country to compile regulatory guidance in one centralized location, making it easier for both regulators and the industry to identify and maintain best practices in their businesses.

Tools 60

Tools Industry Online Resources 60

Jack Henry

JULY 2, 2014

As an example, the governor of New York State recently directed his Department of Financial Services to conduct targeted cyber security preparedness assessments for all state-chartered banks and other banks “based” in the state.

Cyber Security 102

Cyber Security Compliance Security FDIC 102

Cisco

JUNE 7, 2019

How can banks effectively combat account takeover, new account fraud, and other modern cyber security threats? Retail banks can start by protecting customer accounts with security that goes beyond a single user ID and password using a strong multi-factor authentication (MFA) solution like Duo Security. billion in 2018.

Fraud 63

Fraud Retail San Diego Cyber Security 63

PYMNTS

SEPTEMBER 26, 2017

As for the SEC, Chair Jay Clayton – who has said he considers cyber security to be a top priority for the agency – will be questioned by senators this week over how hackers were able to access non-public information in its EDGAR database in 2016.

Cyber Security 115

Cyber Security Retail Security Groups 115

American Banker

FEBRUARY 26, 2024

of the Cybersecurity Framework, often cited by financial regulators, provides a structured approach to enhancing an institution's cybersecurity. Version 2.0

Regulation 45

Regulation Cyber Security Compliance Security 45

Banking 2020

NOVEMBER 8, 2015

Open APIs are a key part of wider transformation in the banking industry and will become much more common as regulation forces banks to open up their systems. In Europe, this is being enshrined into national law as part of the PSD2 regulation, which comes into force in 2016. ” Progress?

Cyber Security 40

Cyber Security Payments Security Regulation 40

Bussman Advisory

FEBRUARY 21, 2018

While regulators around the world have generally been attentive to the rise of ICOs, and have worked hard to understand them, there are still a number of thorny legal and regulatory issues to be addressed. If the ICO community cannot address such cyber security issues, it will have a hard time catching on with mainstream investors.

Capital 67

Capital Cyber Security blockchain cryptocurrency 67

American Banker

MAY 25, 2023

(..)

New York 69

New York Regulation Cyber Security Security 69