Carter Pape

According to an order by the SEC, the bank negligently under-reported what it knew about a data breach and ransomware attack it suffered that year.

From mail theft to video games, a variety of trends shaped scams and fraud in 2024 — and made the schemes more expensive for everyone.

In a report Tuesday, credit bureau Experian predicted that government identity systems could get an update in the coming year. Here's what else could happen.

While companies tend to amp up warnings to consumers about fraud and scams during the holidays, institutions may also need to bulk up their defenses.

The bureau suggested this week that states should remove the exemptions banks enjoy from data privacy laws. California is a prime candidate to act.

The Treasury's financial crimes arm alerted banks to the dangers of AI-powered fraud, urging close monitoring and swift reporting of any suspicious activity.

The rule, finalized Tuesday, enables consumers to share their financial data with third parties. Here are the implications for banks.

A ban on screen scraping and new disclosures to consumers about data usage are among the new elements of the data protection rule.

The three banks recently named new executives to oversee their technology teams.

The federal Project Fortress initiative provides defensive tools for banks. Community banking groups and regulators' associations say small banks in particular need the free and accessible help.