Cyber and data security remain a priority issue for banks. Criminals are constantly searching for creative new ways to obtain money from banks and customers through fraud and cybersecurity vulnerabilities. And as consumers and businesses rely more on electronic devices such as computers, tablets, and smartphones to bank and shop online, vulnerabilities increase. ABA offers resources to help banks prevent, identify, measure and report fraud, and to serve and protect consumers and their financial data.
ABA, FS-ISAC Offer Resources on Heartbleed Bug
On April 9, the Financial Services information Sharing and Analysis Center and ABA issued the following resources to assist members in responding to the Heartbleed bug, a programming flaw in the encryption of websites that use OpenSSL:
FFIEC Warning on ATM and DDoS Attacks
On April 2, 2014, the FFIEC issued warnings about the risks of cyber attacks on ATMs and card authorization systems, as well as the continued threat of DDoS, attacks. Click here for more information.