Drawing attention to the cybersecurity risks associated with the increasing incidence of remote work, conference calls, and video meetings during the coronavirus crisis, a “risk alert” was issued Tuesday by the federal credit union regulator […]
Anti-money laundering (AML) and Bank Secrecy Act (BSA) compliance, consumer financial protection and cybersecurity are at the top of the list for the supervisory priorities of the federal credit union regulator in 2020, the agency […]
Semiannual testimony would be required by the four federal financial institution regulators before Congress under legislation approved by a House committee Thursday. The Prudential Regulator Oversight Act (H.R. 4841), sponsored by Reps. Dean Phillips (D-Minn.) […]
Cybersecurity and “operational resiliency” are at the top of the supervisory strategies for fiscal year 2020 of the federal regulator of national banks; the strategies, released Tuesday, also guide priorities for the agency. Tuesday is […]
Effective regulation, a forward-looking approach to innovation, and financial inclusion to better serve a changing population and economy are the top priorities of the federal credit union regulator, the agency’s board chairman said Friday. National […]
The federal regulator of credit unions is working to update its information technology (IT) examination program to include continued and enhanced “maturity” assessments of credit unions’ cybersecurity programs beyond 2019, according to a recently issued […]
A council of federal financial regulatory inspectors general created in the aftermath of the financial crisis identifies seven “top management and performance challenges” facing their respective regulatory organizations – including ongoing challenges related to cyber […]
A resolution of a financial institution failure driven by a cybersecurity “incident” would present unique operational, confidence and other challenges that regulators are not necessarily equipped to handle, the head of the federal insurer of […]
A special advisor on cybersecurity is now on duty at the federal regulator of credit unions, focusing on a topic the agency’s leader calls one of his top priorities. Johnny E. Davis, Jr., started Thursday […]
Ten recommendations intended to strengthen the effectiveness of anti-hacking measures and other cyber threats on the computer networks of the federal insurer of bank deposits – particularly firewalls — have been made by the agency’s […]
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