Fed Offers Guidance on Curbing Synthetic Identity Fraud
The Federal Reserve shared insights around mitigating synthetic identity fraud, one of the quickest growing financial threats, this week.
PCI SSC Releases New Standard to Secure Devices
A new update to PCI requirements is designed to keep pace with the evolving financial threat environment.
FINRA Warns of Phishing Emails Targeting Financial Firms
FINRA warned financial services firms of a new phishing campaign on Monday that it claims is widespread and ongoing.
NYDFS Stresses Cybersecurity Awareness in COVID-19 Pandemic
In a reminder to regulated entities, the New York Department of Financial Services warned last week of a potential uptick in phishing, fraud, and third-party risk.
NYDFS Postpones Cybersecurity Certification of Compliance Deadline
The New York Department of Financial Services has extended its usual April 15 cybersecurity Certification of Compliance deadline for entities experiencing issues arising from COVID-19
NYDFS Asks Financial Services Organizations for COVID-19 Preparedness Plans
The New York Department of Financial Services is asking all regulated organizations to provide them with a COVID-19 preparedness plan, including an assessment of how susceptible each entity would be to increased cyberattacks.
NYDFS Cybersecurity TPSP Certification of Compliance Deadline Looms
The New York Department of Financial Services' Cybersecurity Regulation was implemented years ago but one of the regulation's compliance deadlines remains.
Employee Accessed, Abused Customer Data at American Express
An employee - since terminated - at the financial services corporation is being investigated for fraud after accessing and stealing cardholder data.
UK Sees Steep Jump in Cyber Attacks on Financial Services Firms
According to a regulator, retail banks in the region took the biggest hit last year.
Preventing Tax Professional Data Theft Continues to Be a Challenge
A committee whose job is to oversee tax administration issues for the IRS says limitations at the agency are fostering cybersecurity risks.
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