Posts Tagged ‘cybersecurity’

Cybersecurity tip: Update your software

Cybersecurity tip: Update your software

Cybersecurity must be a major part of an organization's business plan and strategy, no matter its size. It is one of the most critical areas of focus for financial institutions in particular. There are simple [...]

5 common cybersecurity misconceptions – exposed

5 common cybersecurity misconceptions – exposed

Cybersecurity is a must for modern organizations whose digital initiatives and remote work have extended the IT infrastructure – and the attack surface. An effective defense against evolving threats requires skills and know-how to manage complex [...]

OCC flags cybersecurity, UDAAP risks in new report

OCC flags cybersecurity, UDAAP risks in new report

The Office of the Comptroller of the Currency (OCC) released its semiannual risk report last week, which found that interest rates, cybersecurity, compliance, and loan portfolio performance are among the top risks facing the banking [...]

Risk assessment: From burden to benefit

Risk assessment: From burden to benefit

Risk assessments. Tedious, compulsory, and painful. Just some of the words used to describe a process that is critical to your institution’s cybersecurity and compliance efforts. Yes, the risk assessment process can be daunting, [...]

NCUA Board briefed on cybersecurity and CLF

NCUA Board briefed on cybersecurity and CLF

The NCUA Board met Thursday to receive two briefings, one on cybersecurity and another on the Central Liquidity Facility (CLF). In addition, the board unanimously approved the NCUA Risk Appetite Statement, which outlines the variety [...]

Data security: It’s also a UDAAP issue

Data security: It’s also a UDAAP issue

The Consumer Financial Protection Bureau (CFPB or bureau) recently published a “consumer financial protection circular” that concluded having insufficient data protection or information security could be an unfair act or practice, thereby implicating the federal [...]

Your command center for security operations – financial institutions

Your command center for security operations – financial institutions

Defending your business against highly motivated and well-equipped threat actors requires a proactive approach beyond standard security controls. While seemingly daunting, modern tools automate many security tasks and support your human security experts with cleverly [...]

Cybersecurity advisory warns of Chinese cyberattacks

Cybersecurity advisory warns of Chinese cyberattacks

The National Security Agency, Cybersecurity and Infrastructure Security Agency, and Federal Bureau of Investigation issued a joint cybersecurity advisory on cyberattacks from China. The advisory describes the ways in which state-sponsored cyber actors continue to [...]

How’s the phishing?

How’s the phishing?

I recently worked with a credit union that had just been the victim of a phishing attack. The email looked official, and the link directed the staff to a page that was a perfect copy [...]

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