Browsing: cyber

Key insight: Unlike the U.S. focus on tabletop exercises, U.K. regulators mandate live-fire attacks on actual bank systems to uncover real-world weaknesses.Expert quote: “This year, our…

Key insight: The new NIST Cyber AI Profile is designed to complement existing risk management frameworks by providing a common language for AI security.Expert quote: “Regardless…

What’s at stake: Widespread vendor concentration could propagate systemic cyber risk across financial services.Expert quote: Sen. Wyden accused Microsoft of “gross cybersecurity negligence” and profiting despite…

What’s at stake: If Congress fails to reauthorize CISA 2015, the legal protections banks use to share information about cyber threats will disappear.Supporting data: While many…

Three U.S. cybersecurity-focused agencies, alongside similar agencies in Australia, Canada and New Zealand, recently issued a warning about fast flux, a type of tactic threat actors…

A coalition of trade associations, including five that represent banks, are calling on Congress to protect companies’ right to share cyber threat information.The groups recently sent…

As the U.S. reportedly ends its cyber offensive operations against Russia, intelligence collected through cyber espionage operations against the country also stands to decline, potentially compromising…

Defaults on US credit card loans have hit the highest level since the wake of the 2008 financial crisis, and as payment fraud rises, banks and…

When California lawyer Christopher Pitet became a victim of payment fraud earlier this year, the email, as the classic horror movie trope goes, came from inside…

The Financial Stability Oversight Council on Friday highlighted the mounting distress in the commercial real estate sector as well as risks from stablecoins and third parties…