Cybersecurity/Fraud

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.​

See more Cybersecurity, Payments and Fintech Policy resources.​​​

 

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Major CPU Security Flaws: Meltdown and Spectre
Several media outlets have recently reported the discovery of computer processing vulnerabilities, referred to as Spectre and Meltdown, that can result in performance issues as well as unauthorized access to sensitive information including passwords or login files. Read more:
FBI Warns of Potential Retaliatory Threats from North Korea
The FBI recently issued two alerts to raise awareness of potential cyber threats to the private industry due to heightened geopolitical tensions between the US and North Korea. 
 

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​Questions? Please contact Heather Wyson for more information.