bank cyber risk News

Morgan Stanley Reports Data Breach by Vendor Exposed Some Client Data

Morgan Stanley has disclosed that personal data of some of its corporate clients was stolen in January in a data breach that involved a third-party vendor and hackers accessed information, including social security numbers. Files stolen also included client names, …

Regulators Want to Strengthen Banks’ Cyber Security

Federal regulators are looking to set up new standards for big banks’ planning and testing for possible cyberattacks. The aim is to bolster the banking industry’s defenses amid concern over periodic security breaches at U.S. banks. The move announced Wednesday …

No ‘Significant’ Cyber Attacks on Banks, Says Bank Group

An influential U.S. financial services industry group that shares information about cyber threats has said it is unaware of any “significant” cyber attacks, downplaying concerns about possible breaches at JPMorgan Chase & Co. and other banks. The group, known as …