Data security

Plenty of smoke, but how much fire? Banking’s 2019 legislative agenda

01/01/19

With a divided Congress in place, policymakers will face challenges in passing major financial legislation this year. But there are still a number of core issues set to be debated.

[more]

How should Kraninger run CFPB? Warren has some ideas

12/20/18

The Massachusetts senator and critic of Trump administration policies sent the new CFPB director an expansive list of to-do items for her first month on the job.

[more]

Banks must brace for renewed privacy fight

12/20/18

Financial institutions had used existing banking laws as a shield against broader privacy protections, but a California law enacted this summer could threaten that strategy.

[more]

Data aggregator Plaid raises $250 million for expansion

12/11/18

Plaid, which moves consumer data between financial institutions and fintechs, could expand overseas as part of a broad growth plan, according to a venture investor.

[more]

What will it take for Congress to act on a data breach?

12/07/18

Familiar recriminations and calls for legislation from lawmakers followed the massive hack of the Starwood hotel chain, but will Capitol Hill actually do anything?

[more]

Marriott hit by Starwood hack that ranks among biggest ever

11/30/18

Marriott International Inc. said it’s investigating a hack of the guest reservation database at its Starwood unit that may be one of the biggest such breaches in corporate history. Marriott shares slumped 5.6 percent in pre-market trading.

[more]

What's working, what's not in banks' battle against 'credential stuffing'

11/09/18

HSBC is the latest bank to be hit with this type of attack, in which hackers take stolen user names and passwords from one site and attempt to reuse them to login to banks.

[more]

JPMorgan invites white-hat hackers to security team

10/18/18

Crowdsourced cybersecurity is making inroads into the world of big banks, even though there is a risk bad actors will exploit the opportunity.

[more]

Warren rebukes Comerica over fraud in benefits program

10/16/18

In hundreds of cases, the prepaid card program run by the bank allegedly sent users’ funds to fraudsters who had stolen their data. The security lapse has now caught the attention of the Democratic senator.

[more]

California man who sold bank data to Russians sentenced to one year

10/10/18

A California man who says he unwittingly helped Russia conduct a disinformation campaign on social media before the 2016 U.S. presidential election has been sentenced to six months in prison and another six months of home confinement.

[more]