Tags Office of the Comptroller of the Currency

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

by Joe Warminsky

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

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

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

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or flexible frameworks — not specific or prescriptive rules which might be duplicative and could become quickly outdated as hacker threats evolve.