OCC Highlights Risks to Community Banks

[InfoSec News <alerts () infosecnews org>]

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:

[...]



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