Tags Office of the Comptroller of the Currency

Negligent data center shutdowns bring $60 million fine for Morgan Stanley

by Joe Warminsky • 1 year ago

Hardware from the decommissioning of two facilities in 2016 still had some customer data on it by the time it reached recyclers.

US financial regulator fines Capital One $80 million over data breach

by Jeff Stone • 1 year ago

The company says its improved its security practices since the incident.

Cybersecurity is U.S. bank regulator's top priority

by Patrick Howell O'Neill • 4 years ago

The declaration from a Treasury Department office comes amid an environment where attackers are multiplying and the threat surface is rapidly expanding.

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or flexible frameworks — not specific or prescriptive rules which might be duplicative and could become quickly outdated as hacker threats evolve.