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The Financial Services Information Sharing and Analysis Center’s latest weekly risk summary warns that community institutions should anticipate that cybercriminals will attempt to capitalize on uncertainty following the collapse of Silicon Valley Bank.
More: The report says scammers have already begun registering suspicious domains related to SVB and deploying business email compromise attacks that impersonate SVB customers.
Resources: The FS-ISAC publication and other resources are available on ICBA's Cyber and Data Security resource center.
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President Joe Biden called on Congress to authorize tougher penalties for senior bank executives whose mismanagement contributed to their institutions failing.
ImageMar 20, 2023
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s testimony from Treasury Secretary Janet Yellen that uninsured deposits will be protected only at depository institutions that pose systemic risks to the financial system.
ImageMar 17, 2023
Derek B. Williams, president and CEO of Century Bank & Trust in Milledgeville, Ga., was elected chairman of the Independent Community Bankers of America (ICBA) for 2023-24. His term begins March 16 at the conclusion of the ICBA LIVE national convention in Honolulu.
ImageMar 16, 2023
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