Tags Federal Deposit Insurance Corporation

Banking organizations dub proposed US cyber notification regulation 'burdensome'

by Tim Starks • 6 months ago

The banking groups say they support the rule's policy goals, but want to alter its reporting threshold.

Financial industry preps for proposal that would require 36-hour breach notification

by Tim Starks • 6 months ago

The rule requires financial services companies to notify regulators within 36 hours of a major cyber incident, but that's just for starters.

How network modeling helps operations and security teams mitigate risk

by Jeff Stone • 2 years ago

FDIC’s Howard Whyte and RedSeal’s Wayne Lloyd detail how network modeling of cloud and on-premise infrastructure help CIOs and security teams mitigate risk.

Accountants join pushback on feds' cyber rules for banks

by Shaun Waterman • 5 years ago

Three professional associations for bean-counters argue that any regulation should only set high-level principles or flexible frameworks — not specific or prescriptive rules which might be duplicative and could become quickly outdated as hacker threats evolve.