Reed Backs Regulators’ Efforts to Strengthen Cyber Security at Banks & Throughout U.S. Financial System

Source: National Cyber Security – Produced By Gregory Evans Today, following reports that the Federal Reserve is working with the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) on new safeguards to better shield Americans, financial institutions, and markets from cyber attacks, U.S….

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Financial advisors face cyber security threat

Source: National Cyber Security – Produced By Gregory Evans There is a new nightmare facing financial advisors – and it’s come in the form of cyber security. That is the verdict of Mary Jo White, the chairman of the Securities and Exchange Commission in the USA. She believes that not…

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Ocwen Financial, homeowners targets of mortgage fraud

Source: National Cyber Security – Produced By Gregory Evans State Attorney General Hector Balderas is warning of a “dangerous new scam” that is targeting New Mexicans who are having trouble paying their mortgages. “Do not pay Ocwen mortgage payments by Moneygram in response to ‘Making Home Affordable’ offer letters or…

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Americans most anxious about financial data theft

Source: National Cyber Security – Produced By Gregory Evans According to a new study, US consumers would rather be robbed or have their email account hijacked than see their financial information and social security details stolen or compromised. More than three in four (77%) Americans say that having their financial…

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Verafin Unveils FRAMLx: A Groundbreaking Technology in the Fight Against Financial Crime

Source: National Cyber Security – Produced By Gregory Evans ST. JOHN’S, Newfoundland and Labrador–(BUSINESS WIRE)–Verafin Inc. unveils FRAMLx, an innovative enhancement to its FRaud detection and Anti-Money Laundering (FRAML) software. Powered by technology available only in the Verafin Cloud, FRAMLx delivers advanced cross-institutional analysis to detect suspicious activity across multiple…

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MaRS launches Toronto financial tech cluster

Source: National Cyber Security – Produced By Gregory Evans It is always smart to follow the money and MaRS wants to make it easier for tech entrepreneurs and financial services companies to work together. On Tuesday evening, MaRS, a public-private partnership, announced a series of strategic partnerships that will create…

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Morgan Stanley fires financial adviser after data theft

Morgan Stanley fired a New York financial adviser accused of stealing account information from 350,000 clients, a person familiar with the matter said. Galen Marsh, a financial adviser who worked at a New York branch of Morgan Stanley’s wealth management […] For more information go to http://www.NationalCyberSecurity.com, http://www. GregoryDEvans.com, http://www.LocatePC.net…

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