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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). Cybersecurity.

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FDIC action against Tennessee bank emphasizes tech

American Banker

Brighton Bank entered a consent agreement with the regulator regarding violations of anti-money laundering laws.

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Bank regulators mull stricter rules for reporting of data breaches

American Banker

It has been 15 years since the federal banking agencies issued guidance on an institution’s obligation to inform its regulator about a cyberattack. A proposal to be unveiled this week could establish a more specific notification deadline.

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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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Chinese Hackers Stole Living Will Data from FDIC, Lawmaker Claims

American Banker

The resolution plan data was accessed as part of a breach that initiated in October 2010 and continued for an extended period of time, eventually infecting the workstations of then FDIC Chairman Sheila Bair as well as other top agency officials.

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FDIC cyber risk examinations need work: Inspector general

American Banker

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FDIC 45
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FDIC's Ninth Cybersecurity Breach by Former Employee Revealed by Lawsuit

American Banker

As the Federal Deposit Insurance Corp. grapples with a series of newly revealed cybersecurity incidents, the U.S. government is prosecuting a former agency employee over a 2012 breach.

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