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Pro-Russia hackers planning attacks on financial targets: alert

Pro-Russia hackers are planning to conduct cyberattacks against Western financial targets, including Swift and the Federal Reserve, according to an alert from the U.S. government.

Jun 16, 2023
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Article
Cybersecurity

Lawmakers press Chopra on 1071 rule in House hearing

Members of Congress continued to press Consumer Financial Protection Bureau Director Rohit Chopra on the bureau’s ICBA-opposed Section 1071 data-collection rule during a second day of hearings on...

Jun 15, 2023
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Article
Compliance

ICBA supports SEC proposal to include more crypto firms in ‘exchange’ definition

ICBA expressed support for a Securities and Exchange Commission proposal confirming that crypto exchanges must follow the same rules of the road as other entities that trade securities.

Jun 15, 2023
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Article
Digital Assets

OCC: Banks should be ‘on balls of their feet’ in monitoring risk

While the overall strength of the federal banking system is sound, banks should be “on the balls of their feet” regarding risk management, the OCC said in its latest Semiannual Risk Perspective.

Jun 15, 2023
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Article
Risk