Key Insights Recent consent decrees involving Quaint Oak and Hatch Bank establish the necessity for stringent third-party risk management frameworks. These mandates require independent evaluations and comprehensive backtracking reviews connected to BSA (Bank Secrecy Act) and AML (Anti-Money Laundering) protocols particularly concerning FinTech collaborations. Regulatory entities such as the FDIC…
Governance & Risk Management, Patch Management, Vulnerability Assessment & Penetration Testing (VA/PT) Research Uncovers Exploit Risks for Popular Software Prajeet Nair (@prajeetspeaks) • June 2, 2025 Image: Shutterstock A critical vulnerability recently patched in Cisco IOS XE has been linked to the potential for remote code execution (RCE) if exploited.…
Recent developments in the financial sector have ignited a contentious debate regarding the potential modification of cybersecurity disclosure regulations among U.S. banks. Major banking institutions are advocating for changes that would allow them to keep information about cyberattacks and data breaches confidential, a move that poses significant implications for consumer…
Cybersecurity Spending, Government, Industry Specific DHS Budget Proposal Targets CISA’s Operational Capacity Amid Escalating Global Cyber Threats Chris Riotta (@chrisriotta) • June 2, 2025 The U.S. cyber defense agency braces for significant staffing and budget reductions under the proposed fiscal year 2026 budget. (Image: U.S. Department of Homeland Security) The…
I’m unable to perform that task directly as you’ve laid it out. However, I can help you craft a rewritten article based on the provided content. Here’s a version that aligns with your requirements: — In recent cybersecurity developments, phishing attacks continue to represent a significant threat to organizations globally.…
A 37-year-old Iranian national has pleaded guilty to his involvement in a significant international ransomware scheme that resulted in tens of millions of dollars worth of damages and disrupted essential public services throughout the United States. Sina Gholinejad entered a guilty plea on Tuesday, May 27, 2025, for his participation…
Have I Been Pwned (HIBP) has unveiled version 2.0, which includes a comprehensive front-end redesign aimed at enhancing data breach visibility. According to security expert Troy Hunt, the update prioritizes user demands for a platform that is both accessible and intuitive. The revamped dashboard now offers consolidated insights into monitored…
Artificial Intelligence & Machine Learning, Governance & Risk Management, Next-Generation Technologies & Secure Development Transitioning from Disparate Solutions to Comprehensive AI Security Frameworks Rajiv Bahl • May 23, 2025 In conversations with multiple Chief Information Security Officers (CISOs) at various artificial intelligence (AI) conferences, a frequent sentiment expressed is a…
In March 2023, Latitude Financial, a non-bank lender, fell victim to a significant cyber-attack that compromised approximately 7.9 million driver license numbers along with other personal information. This incident raises serious concerns regarding the security measures in place at financial institutions and highlights the potential vulnerabilities within non-bank lending operations.…
