Have you heard - the CFPB could start hiding consumer complaints, Mortgage Bankers Association says cyber crimes are getting nastier and nastier (and they have examples to prove it!) and even the CFPB has been hacked. Read these breaking headlines plus more below.
Industry News for the Week of April 16
Will CFPB start hiding consumer complaints? Read here
Why due diligence and risk can't just be a joint exercise among banks, each one has its own interests and confidential concerns: Read here
Third party risk as a strategic advantage: Read here
See slide 6 for the latest on the FinTech proposed charter: Read here
CFPB has been hacked at least 240 times: Read here
FinTech sandbox: Read here
Why credit unions are hiring virtual CISO’s: Read here
How to investigate cyber insurance policies (hint: effective due diligence is required): Read here
DLA Piper recap of government regulatory activity: Read here
CFPB pullback invites states to act, but will they? Read here
Banking agencies weigh in on cybersecurity: Read here
Guess they are not naming names! FTC enters into an agreement with a state bank in a sweeping enforcement action: Read here
Does Senate’s repeal of CFPB policy put all guidance in crosshairs? Read here
Cybersecurity attacks of recent note – what went wrong: Read here
Sadly, cyber attacks are inevitable. You can't eliminate the possibility altogether, but you can prepare to lessen your chances. Download our infographic so you know which areas to prepare.