Data security

The Financial Stability Oversight Council's annual report underscores mounting challenges in commercial real estate, escalating cyber threats, and regulatory gaps in third-party services and stablecoins, urging stronger oversight and legislative action.

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.

The cybersecurity company promised more rigorous tests for software updates after a widespread IT outage last month.

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.

The lender had previously revealed that personally identifying information from 16.6M customers had leaked, but hadn't offered these details.

16.6 million former and current Loandepot customers had their data leaked, the lender and servicer announced Monday.

Also, Wells Fargo, Finance of America entered into partnerships affecting real estate tax and cybersecurity solutions.

Two federal agencies recently released a warning about a strain of ransomware called Snatch, which has adopted the successful tactics of other variants.

The FBI, NSA and CISA highlighted the emerging dangers of AI-powered deepfakes in phishing campaigns and cataloged protections companies can deploy.

The customers were affected by an incident involving a Progress Software program used by Sovos Compliance.