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Fdic

Latest Headlines

Latest Headlines

Citigroup breach highlights need for remediation policies

No one should be surprised that the Connecticut Attorney General is taking an interest in the Citigroup breach. Nor should we be surprised that the FDIC is thinking about setting some federal

Citigroup stokes calls for guidance on security

The fallout from the online breach at Citigroup, which might have compromised more than 360,000 consumer accounts, will be felt for some time to come. In the wake of the breach, the FDIC has strongly

Banks and the looming security crisis

When it comes to cyber security, banks have to be on top of their game right now. A lot's at stake, including customer PII, corporate information, trade secrets and really anything that might be of

Board diversity resource highlights big issue

Though few people notice, big corporate reform packages are often accompanied by various attempts to highlight and develop diversity. When Sarbanes-Oxley was passed, for example, many thought the

Overlook VoIP compliance issues at your peril

When people speak about data security within the enterprise, VoIP rarely comes up as a front-burner issue. But ComputerWorld reminds us that this might be a mistake, a potentially disastrous

Time to regulate banks' Internet activities?

The Web can be an unruly and confusing place for a bank to do business, internally and externally, but you pretty much have to embrace it these days. That's where all your customers and employees

More small- to mid-size banks embrace cloud computing (Part 2)

Continued from "More small- to mid-size banks embrace cloud computing" According to Henley, the FDIC actually praised the new system for the ease with which they could access the bank's records,

The FDIC's view of bank IT risk

The FDIC is not taking a lax view of banks' IT risk responsibilities. The idea of better accountability and lower risk encompasses the IT components. The focus seems to be less on specific mandates

Big moment for Net-only banks?

In the early 2000s, there was a huge buzz about Internet banks as a way to get customers great deals by disintermediating bricks and mortars. But the bloom fell off that rose quickly. In some ways,

XBRL and TARP funds

XBRL, like it or not, is coming. The SEC hasn't wavered in its transition plan; about 500 large public companies will starting reporting in the new format this summer. Another 500 will follow suit