Feds mull upping banks cyber defenses
Federal regulators propose stricter cyber security standards for banks with 50 billion dollars in assets to bolster defenses after high profile breaches. The open rulemaking targets major banks and insurers, aiming to sharpen executives and directors focus on cyber risk and resilience.
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California AG probes Wells Fargo sales scandal in Sacramento
California Attorney General Kamala Harris leads a criminal inquiry into Wells Fargo over allegedly created up to 2 million bank and credit card accounts without customers’ consent to meet sales goals. A search warrant dated Oct. 5 seeks customer names, opening employees and managers, and related fees. Harris’s office and the bank did not comment.
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Czech police arrest Russian hacker sought by U S
Prague police detained a Russian hacker in a Prague hotel under an Interpol warrant sought by the United States. The suspect, unnamed, collapsed after the arrest and received medical aid before hospitalization. LinkedIn indicated possible ties to the 2012 data breach affecting over 100 million user credentials.
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Jozef Bocan
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