Archives by date

You are browsing the site archives by date.

Lawsky Proposes New Cybersecurity, Money-Laundering Rules For Banks – WSJ

Benjamin M. Lawsky, New York’s Superintendent of Financial Services, said in a speech that his office is considering requirements that senior bank executives personally attest to the adequacy of their anti-money-laundering systems. He also wants banks to receive warranties from third-party vendors that those providers have cybersecurity protections in place, among other requirements. via Lawsky […]

JPMorgan Hires Cyberwarriors to Repel Data Thieves, Foreign Powers – Bloomberg Business

Convinced that it faces threats from governments in China, Iran, and Russia, and that the U.S. government isn’t doing enough to help, JPMorgan has built a vast security operation and staffed it increasingly with ex-military officers. Soon after joining the bank in early 2014, Cummings helped hire Gregory Rattray—like Cummings, a former Air Force colonel—as […]