NEW ORLEANS—Data breaches aren’t going away. For independent mortgage banks and other financial institutions, the likelihood of being hacked is more likely “when,” not “if.”
Tag: Cybersecurity
#MBAIMB20: ‘Speeches about Breaches’–Security Risks in the IMB Backyard
NEW ORLEANS—Data breaches aren’t going away. For independent mortgage banks and other financial institutions, the likelihood of being hacked is more likely “when,” not “if.”
MBA Advocacy Update
On December 23, MBA sent a letter to Ginnie Mae offering recommendations on how the agency can improve its upcoming Digital Collateral Guide. Last week, the U.S. Department of Homeland Security and the New York Department of Financial Services both issued warnings alerting companies to potential cybersecurity risks. And on December 20, the Georgia Department of Banking and Finance finalized rules regarding mortgage loan originator temporary authority.
MBA Advocacy Update
On December 23, MBA sent a letter to Ginnie Mae offering recommendations on how the agency can improve its upcoming Digital Collateral Guide. Last week, the U.S. Department of Homeland Security and the New York Department of Financial Services both issued warnings alerting companies to potential cybersecurity risks. And on December 20, the Georgia Department of Banking and Finance finalized rules regarding mortgage loan originator temporary authority.
Homeland Security, New York DFS Issue Warnings on Potential Iran Cybersecurity Breaches
In the wake of the U.S. military drone strike against the leader of Iran’s special operations forces last week, the Department of Homeland Security, as well as the New York Department of Financial Services, issued warnings about potential Iranian cybersecurity threats targeting U.S. businesses, particularly financial institutions.
Homeland Security, New York DFS Issue Warnings on Potential Iran Cybersecurity Breaches
In the wake of the U.S. military drone strike against the leader of Iran’s special operations forces last week, the Department of Homeland Security, as well as the New York Department of Financial Services, issued warnings about potential Iranian cybersecurity threats targeting U.S. businesses, particularly financial institutions.
MBA Releases New White Paper: The Basic Components of an Information Security Program
The Mortgage Bankers Association released a new white paper, The Basic Components of an Information Security Program, which provides an overview of current information security risks that affect the mortgage industry, as well as explanations of basic components of an information security program intended to help manage those risks.