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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). Personalization of Customer Services.

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Betting the Bank on Your IT Experts

Jack Henry

As an example, the governor of New York State recently directed his Department of Financial Services to conduct targeted cyber security preparedness assessments for all state-chartered banks and other banks “based” in the state.

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April 2014: A Busy Month for Fraud Alerts!

Jack Henry

One such attack by the group Unlimited Operations was able to net over $40 million. Distributed Denial-of-Service (DDoS) Cyber-Attacks and Risk Mitigation. The FDIC provides a listing of resources that can be used to better identify and mitigate potential cyber-risks. Participate in industry information sharing forums.

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