[ISN] OCC Highlights Risks to Community Banks

http://www.bankinfosecurity.com/blogs/occ-highlights-risks-to-community-banks-p-1493 By Tracy Kitten The Fraud Blog Bank Info Security June 18, 2013 Banking regulators say they don’t expect to issue any new guidelines specifically aimed at distributed-denial-of-service mitigation efforts. But regulators’ increased warnings about risks linked to DDoS, especially at the community bank level, suggest more scrutiny of DDoS reporting and fraud risk mitigation measures eventually could be coming. Last week, the Office of the Comptroller of the Currency, which issued an alert in December about account takeover risks associated with DDoS, hosted a webinar for community banks about emerging cyber-risks. OCC described strategies these banks should implement to mitigate their risks. Key mitigation steps, the regulator stresses, include: […] _______________________________________________ ISN mailing list ISN@lists.infosecnews.org http://lists.infosecnews.org/mailman/listinfo/isn_lists.infosecnews.org