FinCEN Issues FAQs on Cyber Crime and SARs
The Financial Crimes Enforcement Network (FinCEN) has issued a new Frequently Asked Questions (FAQs) regarding the reporting of cyber-events, cyber-enabled crime, and cyber-related information through Suspicious Activity Reports (SARs). The FAQs cover 9 areas including use of 314(b) usage on cyber events, reporting multiple cyber events, and required information when submitting SARs on such events. [10/26/16]
Links tagged “cybersecurity”
- What to Know About Privacy Rules While Working from Home
If your role requires you to maintain confidentiality about sensitive information, there are some things to keep in mind: 1) you should have confidential conversations in private rooms; 2) you should be aware of consent rules if you plan on recording a conference call; 3) make sure your conference call provider is equipped to signal you when someone joins your call; 4) the mute button is your friend; and 5) avoid using free conference call services for sensitive work calls. [4/3/20]
- CUs and the Move Toward Virtual CISOs
There is an expanding need among smaller credit unions for qualified personnel in the Chief Information Security Officer (CISO) position. Even CUs in the $1 billion to $1.5 billion range face related challenges leading to the emergence of the "Virtual CISO." [4/17/18]
- Insights on Pending NY Cyber Security Rules
Insightful article by Sheppard Mullin reviews the revised proposed cybersecurity regulation by the state of New York and its impact on the landscape of information system protections and required measures. [2/1/17]
- FinCEN Issues FAQs on Cyber Crime and SARs
The Financial Crimes Enforcement Network (FinCEN) has issued a new Frequently Asked Questions (FAQs) regarding the reporting of cyber-events, cyber-enabled crime, and cyber-related information through Suspicious Activity Reports (SARs). The FAQs cover 9 areas including use of 314(b) usage on cyber events, reporting multiple cyber events, and required information when submitting SARs on such events. [10/26/16]
- FinCEN Issues FAQs on Cyber Crime and SARs
The Financial Crimes Enforcement Network (FinCEN) has issued a new Frequently Asked Questions (FAQs) regarding the reporting of cyber-events, cyber-enabled crime, and cyber-related information through Suspicious Activity Reports (SARs). The FAQs cover 9 areas including use of 314(b) usage on cyber events, reporting multiple cyber events, and required information when submitting SARs on such events. [10/26/16]
- FDIC Promotes Cybersecurity Awareness Month
As part of October's National Cybersecurity Awareness Month the FFIEC is set to hold a webinar aimed at raising awareness of both threats to the technologies that have become part of our everyday lives and the need to proactively defend our digital landscape. The webinar is scheduled for October 31, 2016. [10/26/16]
- More on New York’s Proposed Landmark Cybersecurity Regulations
An article by Baker & McKenzie discusses the New York State Department of Financial Services proposed a first-of-its-kind cybersecurity regulation aimed at protecting consumers and financial institutions from cyber-attacks. If passed, the rules would require significant policies and procedures aimed at managing cybersecurity risks and events. [9/21/16]
- FDIC Releases Customer Guide to Cybersecurity
The FDIC releases a new bank customer guide to cybersecurity that includes tips for preventing online fraud and theft. The new guide includes resources that can help educate consumers on how to protect themselves from online criminals. [3/9/16]
- NCUA Highlights Cyber Security Month
The NCUA joined other regulatory agencies in promoting awareness of cybercrime and terrorism as part of the annual National Cyber Security Awareness Month. The NCUA is scheduled to join others in promoting awareness of action including the release of a new cybersecurity assessment tool.[10/2/15]
- OCC on Cyber Security
Speech by OCC's senior critical infrastructure officer highlights rapid world of changing technology, rising risks, and response requirements needed to face those risks. Testimony provides a baseline of activities needed by financial institutions to promote compliance as well as recommendations for Congressional consideration regarding cyber security. [12/12/14]
