GAO reports little progress in federal coordination in fighting scams Nearly a year after the Government Accountability Office proposed a government-wide strategy for countering scams, most agencie...
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FSSCC releases additional AI resources for financial institutions The Financial Services Sector Coordinating Council has released the final four of six resources to help the financial services sect...
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ABA outlines national strategies for fighting fraud, scams ABA presented lawmakers with a national blueprint for fighting fraud and scams, which included requiring telecommunications and social med...
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FSOC, Treasury Department launch effort to support financial sector AI adoption The Financial Stability Oversight Council and the Treasury Department’s Artificial Intelligence Transformation Offi...
#Cybersecurity #Newsbytes #Policy #Technology #Artificial #intelligence #Regulation
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White House releases national AI policy framework The White House released a national policy framework that calls on Congress to take several actions to support the safe deployment of artificial in...
#Cybersecurity #Newsbytes #Policy #Technology #Artificial #intelligence #Fraud #Scams
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Lawmakers consider potential changes to data privacy law ABA urged Congress to apply the same privacy and securities standards for banks to other industries, and to make sure federal standards pree...
#Cybersecurity #Newsbytes #Policy #Technology #ABA #news #Data #Data #privacy #Data #security […]
White House releases national cybersecurity strategy The White House released its strategy for securing the nation’s infrastructure and private sector against cyber threats. The post White House ...
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Trump signs executive order to combat cybercrime President Trump signed an executive order directing federal law enforcement agencies to develop tools to better combat transnational criminal organi...
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ABA Foundation, government agencies release infographic on imposter scams The ABA Foundation joined with multiple federal agencies to release a new infographic designed to help consumers identify a...
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Survey: Most customers would switch banks after major data breach Roughly half of U.S. bank customers choose their bank primarily because they trust its security, and two in three would consider sw...
#Cybersecurity #Newsbytes #Technology #Customer #expectations #Customer #retention #Data […]
NYC finalizes debt collection rule covering banks collecting their own debts The New York City Department of Consumer and Worker Protection finalized amendments to its debt collection rules that wi...
#Community #Banking #Compliance #and #Risk #Newsbytes #Policy #Debt #collection
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Treasury releases first of AI resources The Treasury Department has released the first two of six planned resources to help the financial services sector safely deploy artificial intelligence. The ...
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ABA, associations ask administration to retain AI risk management framework ABA joined the Business Software Alliance and seven associations in urging Commerce Department officials to retain the co...
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Congress reauthorizes private-public cybersecurity framework Lawmakers reauthorized a voluntary framework for the private sector and government agencies to share information about cyberthreats as p...
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Report: Data breaches becoming more focused Financial services remained the top target for data breaches in 2025, and while the overall number of breaches continues to rise, attackers are more sele...
#Compliance #and #Risk #Cybersecurity #Newsbytes #Technology #Data #Data #breach #Data […]
Survey: AI, cybersecurity top priorities to community banks in 2026 Artificial intelligence remains a top priority for community financial institutions in 2026, with cybersecurity and digital asset...
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AI romance, ‘machine-to-machine’ scams among top 2026 fraud trends Romance scams carried out by artificial intelligence and computers scamming other computers are among the top five fraud trend...
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OCC: Financial system sound, cybersecurity threats persist OCC report said that “a recent firewall access incident” should serve as a warning to banks about managing risks to aging infrastructu...
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NIST releases draft guidelines for AI cybersecurity The National Institute of Standards and Technology released draft guidelines for applying the agency’s cybersecurity framework to the adoption ...
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CISA releases updated cybersecurity goals for private sector, critical infrastructure CISA released version 2.0 of its list of voluntary practices that businesses and critical infrastructure can in...
#Compliance #and #Risk #Cybersecurity #Newsbytes #Technology #Data #Data #breach #Data […]
Trump issues executive orders to challenge state AI laws, rein in proxy advisors President Trump signed two executive orders creating a task force to challenge state laws on artificial intelligence...
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ABA offers framework for AI legislation ABA submitted a list of principles to guide any legislation relating to artificial intelligence in financial services, stressing that Congress must pass comp...
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Survey finds many bank customers not protecting accounts The survey found that 23% of bank customers and 29% of credit card customers said they had not taken any security measures to secure their a...
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G7 paper seeks to align financial sector cyber incident responses across borders A G7 working group released a set of nonbinding principles to align cyber incident response and recovery approaches ...
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FBI issues alert about account takeover fraud The FBI’s Internet Crime Complaint Center has issued a consumer alert about cyber criminals impersonating financial institutions to steal money or en...
#Compliance #and #Risk #Cybersecurity #Newsbytes #Fraud #Scams
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Six banks added to ABA Nasdaq Community Bank Index ABA has added six banks to the ABA Nasdaq Community Bank Index. The index includes 227 community banks with $210.6 billion in market capitalizatio...
#Community #Banking #Economy #Newsbytes #ABA #news #Community #banking
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ABA, associations: Extend deadline for revised data breach standards ABA and nine associations asked the SEC to extend the compliance date for recent amendments to its data breach standards for inv...
#Cybersecurity #Newsbytes #Policy #Technology #ABA #news #Data #Data #breach #Data #breaches […]
Inspector general report finds CFPB cybersecurity lacking The CFPB's procedures for securing its information systems have deteriorated in recent months, and the issue has been made worse by the...
#Compliance #and #Risk #Cybersecurity #Newsbytes #CFPB #Data #Data #security
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Deloitte: 2026 could be defining year for banks Economic uncertainty could test U.S. banks’ revenues and profitability in 2026, and many institutions will likely need to make major decisions on s...
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ABA makes recommendations for AI policy, regulatory reform ABA submitted bank-specific recommendations on policy and regulation of artificial intelligence as the Trump administration seeks to make ...
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