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Four Steps for Managing Third-Party Cyber Security Risk

FICO

The latest Assessment of Business Cyber Risk (ABC) report from the US Chamber of Commerce and FICO discusses four steps for improving third-party cybersecurity risk management. Would there be compliance exposure in the event of a breach at the supplier? Obtain evidence of ongoing compliance with standards (e.g., if necessary?

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Bank Regulators Seeking Comments on the Use of AI and ML in the Industry

Perficient

The five federal agencies are: the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board (Fed), the National Credit Union Administration (NCUA) and the. Office of the Comptroller of the Currency (OCC).

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Bankers to Regulators: Get Your Cybersecurity Act Together

American Banker

Cybersecurity enforcement efforts need to be better coordinated across government agencies, financial industry groups said in a letter Friday to the National Institute of Standards and Technology.

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From Vault to Vulnerability: Modern Day Bank Robbers Hit the Web

NCR

For those in the banking industry fighting on the front lines of the escalating cyber war, this isn’t news. But as attacks continue to become more targeted and sophisticated, IT teams are struggling against a range of agents, from common hackers to nation-states, to keep their networks and their vaults secure. The Turning Point.

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The 2015 GonzoBanker Awards

Gonzobanker

To those community bankers claiming their growing Compliance departments say no to everything. How about fighting harder with better examples and holding compliance officers as accountable as everybody else. FFIEC’s Cyber Security Self-Assessment Tool. Somebody-Call-the-Whaambulance Award. Did we hear a whaaaa?

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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Quoted in eWeek on the problem of app security. Announced its Cyber Security scholarship program. Extended its app-security protection to Apple TV. Added to its Compliance Document Management Solution, CertCapture. Acquired by Groupe BPCE. Introduced compliance solution to help meet new FRTB requirements.

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Four 2023 U.S. Policy Predictions for Financial Services Companies

FICO

Several groups have also called for comprehensive industry regulation. For Public Companies, Cybersecurity Compliance with New SEC Rules will be a Top Priority. The SEC rules will require a new cyber security preparedness level that many organizations may not be meeting today.