Data security

5 ways banks can guard against internal cyber threats

11/17/20

Financial institutions are using behavioral analytics, imposing tighter controls and taking other steps to prevent employee-caused security lapses.

[more]

Visa pilots card-not-present security app with MSUFCU

11/17/20

The pilot leverages Keyno’s CVVkey technology that uses a dynamic card verification value 2 (CVV2) code to provide a higher level of security against fraud for online and mobile payments.

[more]

Data-security lapses surge in work-from-home era

11/16/20

Corporate breaches facilitated by employees — often accidentally — rose significantly this year, and banks have been particularly hard hit. Here's why.

[more]

CFPB sets stage for long fight on data-sharing rule

11/12/20

As it attempts to craft policy on access to consumers’ financial account information, the agency is wading into a battle between those who want data to flow more freely and those who prioritize security.

[more]

Consumers have too little control over how their data is shared

11/04/20

Despite tougher privacy regulations, further safeguards are needed that require consumers' clear consent before personal information is exchanged.

[more]

CFPB developing proposal on who can access customer data

10/22/20

The rulemaking is expected to draw enormous interest from both banks and third-party fintech providers.

[more]

Week ahead: New initiatives from credit union trades, regulator

10/19/20

Industry groups have launched new programs that are expected to carry over into 2021, while others are raising new calls for Congress to tackle data security.

[more]

OCC fines Morgan Stanley $60 million for 2016 data breach

10/08/20

The regulator found that the financial services company failed to take precautions in disposing of hardware that contained sensitive customer information.

[more]

5 ransomware trends that should alarm credit unions, banks

10/07/20

Increases in attacks, escalating money demands and the security challenges of having people work from home are magnifying the threat.

[more]

5 ransomware trends that should alarm banks

10/06/20

Increases in attacks, escalating money demands and the security challenges of having people work from home are magnifying the threat.

[more]