Canadian Banking Industry Releases Payments Security White Paper

The re-posting of this article is part of a cross-posting agreement with CyberLex. The Canadian banking industry recently released the Payments Security White Paper, prepared by the six largest Canadian banks (BMO, CIBC, National Bank, RBC, Scotiabank, TD). The white paper outlines the evolution of mobile payments in Canada, reviews risks associated with various types […]

U.S. Federal Financial Institutions Examination Council (FFIEC) Releases Cybersecurity Assessment Tool

The re-posting of this article is part of a cross-posting agreement with CyberLex. On June 30, 2015, the FFIEC released its cybersecurity assessment tool designed to assist U.S. financial institutions and regulatory examiners identify inherent cybersecurity risks and determine preparedness level of financial institutions.  The cybersecurity assessment tool and other resources can be found here.