Tags Financial services

SEC's Gensler signals enhancement of cybersecurity, breach disclosure rules for financial sector

by Tim Starks

The SEC joins TSA, the FCC and other feds who have imposed or are considering imposing additional disclosure requirements.

Banks must report major cyber incidents within 36 hours under finalized regulation

by Tim Starks

Industry won some concessions in the final version of the rule, which banks must comply with by May.

Robinhood breach exposed information on 7 million people

by Tim Starks

The company said it doesn't believe Social Security or bank account numbers were accessed.

2021 ransomware transactions already exceed 2020 numbers, Treasury Department says

by Tonya Riley

DarkSide and REvil were two of the most popular ransomware strains reported.

Hacker, money launderer sentenced to prison for scamming tax preparers and COVID-19 relief programs

by Tim Starks

The scheme, which included a money laundering operation, netted $280,000 from COVID-19 relief in one state alone.

SEC fines brokerage firms over email hacks, customer data exposure

by Tim Starks

Collectively, the companies will pay $750,000.