Cyber security

Report: Nearly half of all credit unions at increased risk of cyberattack

03/17/21

A new study from Black Kite outlines a variety of threats facing the industry and pinpoints the average cost of a breach at large and small institutions alike.

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Flagstar’s data breach, and what banks can learn from it

03/15/21

The Michigan bank is the latest company to have customer data compromised through a software vulnerability. The incident reinforces the importance of attack simulations, constant searches for intrusions and exchanges of intel with peers.

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House lawmaker proposes new restrictions on credit bureaus

03/11/21

The bill introduced by Rep. Patrick McHenry, the top Republican on the Financial Services Committee, would expand CFPB authority to the credit reporting industry and require that certain adverse information be removed from a consumer’s credit history.

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