Cybersecurity

Synovus to buy Cabela’s deposits; Quarles eyed as Fed vice chair

04/18/17

Bank earns $75 million for saving Bass Pro Shops's acquisition of rival outdoor retailer; Trump to name Randal Quarles as Fed's vice chairman for bank supervision.

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Alleged NSA hack of Swift service bureau revives ‘back door’ debate

04/17/17

Leaked documents appear to show NSA analysts were able to hack into Middle Eastern banks’ servers through the Swift service bureau EastNets. The same tools could conceivably be used by cybercriminals and nation-states with more sinister motives.

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More Wells Fargo clawbacks; blockchain hype tempered

04/11/17

Directors take back $75 million more from two former executives and release scathing report on bank's fake accounts scandal; UBS executive sees decade-long wait for transformation.

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Why banks need a guard tower in the war against cyberattacks

04/05/17

Financial services was the top industry targeted by malware in 2016, so banks need to be strategic in building their defenses against attacks.

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N.Y.‘s bank cop to federal regulators: Follow our lead

03/29/17

New York State Department of Financial Services Superintendent Maria T. Vullo speaks out on cybersecurity regulation, cracking down on bad actors in the industry and the OCC's fintech charter.

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Mnuchin: Dodd-Frank rollback to address small, regional bank concerns

03/24/17

The administration wants to deal with the concerns of banks of all sizes in its deregulatory efforts, Treasury Secretary Steven Mnuchin said Friday.

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Feds finger North Korea in hack; Deutsche's next chief?

03/23/17

The Justice Department believes that Pyongyang was behind last year's New York Fed heist; Marcus Schenck, DB's CFO and deputy CEO, may be next in line to head the big German bank.

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Digital banking standout steps up cybersecurity game

03/22/17

Live Oak Bank, known for streamlining the lending process, has turned its attention to fixing its patchwork approach to cybersecurity.

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Small businesses need tougher cyber regs, CU executive says

03/08/17

Credit unions and financial institutions are required to take steps to protect against cyberattacks, but small businesses that process payments are not doing enough to protect the security of the financial system, a credit union executive said Wednesday.

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Big banks to regulators: don't tread on our cybersecurity efforts

03/01/17

A broad range of industry players are panning an October proposal by bank regulators that would impose new cybersecurity requirements on big banks, arguing it will only slow them down.

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