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The SWIFT secure messaging service, which banks use to transfer money around the world, outlined on Friday areas in which it hopes to improve security, following attacks in which hackers stole millions of dollars from banks in Bangladesh and Ecuador. SWIFT said on Friday it would consult its users, which are also its owners, about […]
Get caught up with the Cybersecurity Docket News Wire for May 30, 2016.
Get caught up with the Cybersecurity Docket News Wire for May 29, 2016.
In an interview on May 17, SEC Chair Mary Jo White made an eye-opening comment about cybersecurity. Cybersecurity, she stated at the Reuters Financial Regulation Summit, is now the “biggest risk facing the financial system.” via SEC: Cybersecurity now biggest risk facing financial system | Compliance Week
Get caught up with the Cybersecurity Docket News Wire for May 28, 2016.
Get caught up with the Cybersecurity Docket News Wire for May 27, 2016.
Get caught up with the Cybersecurity Docket News Wire for May 26, 2016.
Last week, the Eighth Circuit upheld a lower court’s ruling in State Bank of Bellingham v. BancInsure Inc., finding that a bank employee’s negligence in securing its computer network did not preclude coverage for a data breach resulting in a fraudulent funds transfer. The decision affirms the lower court’s ruling granting summary judgment in favor of […]
An investigation by House lawmakers turned up “significant shortfalls” in a U.S. bank regulator’s cybersecurity policies, leaving it susceptible to stolen private information and regulatory data, House Republicans said Tuesday. via House Lawmakers Turn Up Heat on FDIC Over Cybersecurity – WSJ
Get caught up with the Cybersecurity Docket News Wire for May 25, 2016.
Get caught up with the Cybersecurity Docket News Wire for May 24, 2016.
Get caught up with the Cybersecurity Docket News Wire for May 23, 2016.
The SWIFT secure messaging service that underpins international banking said it plans to launch a new security program as it fights to rebuild its reputation in the wake of the Bangladesh Bank heist. via SWIFT to unveil new security plan after hackers’ heists — Reuters
Get caught up with the Cybersecurity Docket News Wire for May 22, 2016.
Get caught up with the Cybersecurity Docket News Wire for May 21, 2016.