A Moody's survey finds global banks are increasing their cybersecurity investment
Guidelines are meant to support banks and insurers in developing greater resiliency
The pandemic highlighted the importance of ensuring operational resilience
Group calls for harmonized incident reporting to counter rising risk
Ransomware and other cyber threats may lead to credit downgrades for insurers in the future
Ransomeware attacks are up 400% over the past two years, Fitch Ratings reports
Most consumer respondents (78%) feared their personal data could be stolen from financial institutions
Shortcoming uncovered in state regulators' compliance reviews, NASAA reports
Valuations, inflation, investor exuberance top European regulators' concerns
Financial firms are now required to report incidents within 24 hours