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The settlement pending a judge's approval would end the lawsuit over a hack last December.
October 15 -
The administration wants to implement a 36 hour window of time for companies to report a cyber incident to the agency.
October 4 -
The Bay Area lender said an unauthorized party was in its servers for over five weeks this spring.
October 3 -
Ally customers are blaming the bank for data breaches at its vendors, arguing that basic cybersecurity measures would have prevented the thefts.
September 20 -
As home prices rise, leading to larger transaction amounts, Certifid doubled the amount of wire fraud insurance coverage provided for transfers it vets.
September 19 -
Tim Ryan, who joined the megabank in June, will work with COO Anand Selva to oversee enhancements to Citigroup's data integrity systems, according to a memo.
September 16 -
Home lending professionals shared their thoughts on vendors, artificial intelligence and the most valuable solutions technology could give them in a new Arizent survey.
September 12 -
Cybersecurity incidents at vendors often expose their business partners to significant risk. What are the threats lenders face, and how can they strengthen their defenses?
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Mr. Cooper will be filing a motion to dismiss a data breach-related class action by Sept.13, documents show.
September 3 -
Following a breach at National Public Data, the National Consumer Law Center recommended consumers consider a credit freeze, but that could also hinder a mortgage applicant's home purchase depending on where they are in the process, an expert says.
August 21 -
Loandepot and Mr. Cooper said they've spent tens of millions of dollars this year following recent, major hacks.
August 16 -
Mr. Cooper's PII leak late last year had a significant impact on its customers. Money has been stolen, unauthorized attempts to open credit cards occurred and extensive spam campaigns have followed, a filing claims.
August 7 -
The lender says it's reached an "agreement in principle" to end a consumer class action complaint over its wide-ranging January hack.
August 6 -
The Consumer Financial Protection Bureau has received more than 11,000 comment letters on its proposal on personal financial data rights, but banks say the agency should ensure that more fintech partners take on their fair share of the rule's compliance burden.
August 4 -
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.
August 2 -
The cybersecurity company promised more rigorous tests for software updates after a widespread IT outage last month.
August 1 -
Not every audit will save a dollar, but paying for check-ups will stem further expenses, industry veterans say.
July 23 -
Issues or errors in closing-protection letters appeared in over 45% of loans, a record-high share, according to Fundingshield.
July 22 -
While the company is still analyzing the error that caused many Windows systems to crash, it said a logic error in a channel file was the cause. Here's what that means.
July 22 -
The Department of Housing and Urban Development and the Nationwide Multistate Licensing System also reportedly had disruptions.
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