Cyber attacks

Are Iranian hackers going after U.S. banks again?

07/01/19

Security companies report a recent spike in spearphishing campaigns originating in Iran and targeting banks.

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Equifax breach still poses fraud risk at four government agencies: GAO

06/14/19

The watchdog and three Democratic lawmakers urged the agencies to stop using knowledge-based verification methods to grant access to their online portals.

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Criminals sell hacker toolkits for BofA on dark web, study finds

06/06/19

Organized crime groups are selling access to the computer networks of financial firms like Bank of America Corp. and hacking tools targeting these companies, according to a British researcher who posed as a buyer on several dark web marketplaces.

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BofA’s Bessant on responsible AI, cyber attacks and data encryption

04/23/19

Cathy Bessant, Bank of America’s chief operations and technology officer, offers her takeaways from the first meeting of the Council on the Responsible Use of Artificial Intelligence. She also shares some challenges banks are facing with cyber attacks and data encryption.

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Goldman staffs new venture; Volcker unloads on banks

02/26/19

Bank makes first hires for its corporate cash management business; the former Fed chair says the industry is too focused on profits.

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Speedier bank mergers; a new take on the Equifax hack

02/14/19

The time regulators take to decide on prospective deals has dropped sharply; a report says the cyberthieves were looking for info to help recruit spies.

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Veteran of IBM's Deep Blue launches AI-based cybersecurity company

02/05/19

Banks are a primary market to be pursued by Blue Hexagon, which received $31 million in venture capital.

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Lending slowdown seen; Trump, Powell dine at White House

02/05/19

Senior loan officers also expect decline in loan performance; meeting termed "cordial and collegial."

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Consumer harm from data breaches is a black box

01/14/19

Widespread hacks often make front-page news, while measuring the actual harms to customers when personal financial information is stolen gets little attention.

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'Did they charge for breathing the air in their lobbies?': Comments of the week

01/04/19

Readers respond to Wells Fargo's latest fine, weigh Sen. Elizabeth Warren's potential bid for president, consider how banks are preparing for climate change and more.

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