Maria Vullo is stepping down as head of New York's banking and insurance regulator after three years in which she created a national model for cybersecurity regulations at banks and fought back against federal attempts to chip away at payday-lending rules.
A former senior staffer at the Federal Deposit Insurance Corp. was found guilty of embezzling confidential information about banks from the agency before she left her post, and could face up to 20 years in prison.
Rich Baich, Wells Fargo's security chief and newly appointed security advisor to the White House, shares attack types he’s worried about and top defenses.
Republicans on the House Oversight Committee concluded that last year’s massive data breach at Equifax was fully preventable, but stopped short of recommending new laws aimed at averting future hacks. Democrats called the final report a “missed opportunity.”
Familiar recriminations and calls for legislation from lawmakers followed the massive hack of the Starwood hotel chain, but will Capitol Hill actually do anything?
Since banks are under constant attack by hackers, the startup XM Cyber is offering them a simulator that seeks to do its virtual worst in order to prevent a real breach.
The comments by Brent McIntosh, Treasury's general counsel, are at odds with concerns by state regulators and consumer groups who fear that a national standard on how firms handle data breaches could weaken pre-existing rules.
