Compliance

The auditing giant KPMG audited the three regional banks that failed last year. New York Community's recent disclosures that it had financial reporting weaknesses in 2023 raises new questions over the auditors' role.

In this month's roundup of top tech news: Bank of America's data breach affects more than 57,000 consumers, banking as a service's looming reckoning, the downfall of Heartland Tri-State Bank and more.

A consortium of banks focused on cybersecurity has published a series of white papers aimed at navigating the challenges and opportunities of AI in the financial sector.

The Consumer Financial Protection Bureau needs to do more to enhance security while making it easier for consumers to share data.

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

The agency's rule represents real progress, but applying it to more kinds of accounts and making other common-sense changes would increase its already significant benefits to consumers.

Though law enforcement agencies in the U.S. and Europe gained valuable intel on ransomware groups, many believe the hackers are likely to regroup and rebrand.

The gang allegedly had been involved in some of the highest-profile ransomware attacks against financial institutions of recent years.

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

Customers with deferred compensation plans at the bank had personally identifiable information compromised through a third party, Infosys McCamish.