Cyber security
Traditional banks already have the tools they need to win back consumers’ confidence, but they need to be smart about deploying them.
-
Tuesday’s announcement provides clarity to institutions that are trying to stay ahead of quantum computing’s threat to data security.
July 6 -
Several federal agencies have recently stepped up requirements on banks to notify regulators and the public when they fall victim to cybersecurity incidents.
May 19
-
David Reilly oversaw cybersecurity efforts at the bank for years and has learned how employees with access to sensitive information can be flipped, conned or extorted into cooperating with hackers.
May 12 -
Financial institutions need to begin sharing profiles of fraudsters posing as legitimate customers. The technology to do it securely is already available.
May 4 -
The annual event, while not specifically tied to the war in Ukraine, could prove to be opportune for financial institutions.
April 20 -
Banks report cyber events to their boards and regulators more than twice as often as they notify their customers and the general public, according to a recent survey. New reporting requirements could change the equation.
April 6 -
AB - TechnologyThe hacker group is threatening to publish personal data from multiple U.S. financial institutions and using known vulnerabilities to get into their systems.
March 4 -
With tensions high between Russia and the West, Synechron is looking to develop a real-time kill switch that can shut down a malware threat. The company’s PayTech Accelerator is also focusing on the opportunity for banks in buy now/pay later lending.
February 28 -
Chief Audit Officer Denise DeMaio will join Truist from MUFG, while Chief Information Security Officer Howard Whyte has experience at Boeing, Goldman Sachs and the FDIC.
January 11
