7 data breach reporting rules banks need to understand
7 data breach reporting rules banks need to understand
Several federal agencies have recently stepped up requirements on banks to notify regulators and the public when they fall victim to cybersecurity incidents.
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Several federal agencies have recently stepped up requirements on banks to notify regulators and the public when they fall victim to cybersecurity incidents.
Several federal agencies have recently stepped up requirements on banks to notify regulators and the public when they fall victim to cybersecurity incidents.
ServiceNowโs The Now Platform now boasts asset inventory and vulnerability data from Tenable.ot, streamlining and centralizing IT and OT vulnerability data.
ServiceNowโs The Now Platform now boasts asset inventory and vulnerability data from Tenable.ot, streamlining and centralizing IT and OT vulnerability data.
Increased cybersecurity spending puts an extraordinary squeeze on smaller firms that struggle to maintain revenues amid the origination slowdown.
Increased cybersecurity spending puts an extraordinary squeeze on smaller firms that struggle to maintain revenues amid the origination slowdown.
LendingTree recently acknowledged it suffered two data breaches in the past year, but it said allegations that it was responsible for a larger breach and โdownplayedโ the events are false.Thatโs according to a statement from a spokeswoman for the company in response to a class action lawsuit filed against LendingTree this week. On Monday, a Massachusetts man filed the lawsuit in a federal district court in North Carolina, where the company is based. On Thursday, the company responded.Lend...
LendingTree recently acknowledged it suffered two data breaches in the past year, but it said allegations that it was responsible for a larger breach and โdownplayedโ the events are false.Thatโs according to a statement from a spokeswoman for the company in response to a class action lawsuit filed against LendingTree this week. On Monday, a Massachusetts man filed the lawsuit in a federal district court in North Carolina, where the company is based. On Thursday, the company responded.Lend...
The reg tech firm adds this compares with 17% of all adults who went online to compare mortgage and equity release quotes.
Its study adds that 46% of over-55s went straight to their bank, and 63% of this group only got one quote before taking out a loan.
Older borrowerโs reluctance to go online to compare deals stems from โconcerns about who has access to their data,โ says the report.ย
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The reg tech firm adds this compares with 17% of all adults who went online to compare mortgage and equity release quotes.
Its study adds that 46% of over-55s went straight to their bank, and 63% of this group only got one quote before taking out a loan.
Older borrowerโs reluctance to go online to compare deals stems from โconcerns about who has access to their data,โ says the report.ย
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"Duda has taken swift action to restore the functionality and security of its data systems following the attack."
"Duda has taken swift action to restore the functionality and security of its data systems following the attack."
Pingora Loan Servicing still hasnโt disclosed the full scope of last fallโs hack impacting at least 169,000 customers across four states.
Pingora Loan Servicing still hasnโt disclosed the full scope of last fallโs hack impacting at least 169,000 customers across four states.
Two more lenders have disclosed data breaches that occurred in December, with one of the attacks impacting nearly 86,000 customers.Mortgage fintech Lower, in notices to state attorneys general offices last month, said personally identifiable information including some Social Security numbers for 85,958 customers was compromised. The Maryland-based companyโs update was a supplemental filing to an earlier February disclosure, in which the cyberattack was only revealed to have affected 1,647 use...
Two more lenders have disclosed data breaches that occurred in December, with one of the attacks impacting nearly 86,000 customers.Mortgage fintech Lower, in notices to state attorneys general offices last month, said personally identifiable information including some Social Security numbers for 85,958 customers was compromised. The Maryland-based companyโs update was a supplemental filing to an earlier February disclosure, in which the cyberattack was only revealed to have affected 1,647 use...
Eight bank trade groups have petitioned the Consumer Financial Protection Bureau to define data aggregators as larger participants subject to regulatory supervision.ย In a 10-page letter sent Tuesday to CFPB Director Rohit Chopra, the bank trade groups asked the bureau to issue a larger participant rule before implementing a separate rulemaking on consumer access to financial data. The trade groups also called for the CFPB to define the services of data aggregators as a financial product or ser...
Eight bank trade groups have petitioned the Consumer Financial Protection Bureau to define data aggregators as larger participants subject to regulatory supervision.ย In a 10-page letter sent Tuesday to CFPB Director Rohit Chopra, the bank trade groups asked the bureau to issue a larger participant rule before implementing a separate rulemaking on consumer access to financial data. The trade groups also called for the CFPB to define the services of data aggregators as a financial product or ser...