5 Cybersecurity Myths Banks Should Stop Believing

According to Kaspersky Lab, financial services firms spend $1,436 per employee on cybersecurity, more than double what the retail industry spends (thanks, retailers).

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Open Banking: CFPB’s 1033 Rule and the Cost of Compliance

In a global first, quantum computers crack RSA and AES data encryption – The Brighter Side of News

Company Behind Major Social Security Number Leak Files for Bankruptcy | PCMag

Continuity Management

What lies beneath: the growing threat to the hidden network of cables that power the internet | Internet | The Guardian

“Unprecedented” Google Cloud event wipes out customer account and its backups | Ars Technica

It’s been a bad week for public cybersecurity | TechRadar

Cellphone outage hits AT&T customers nationwide; Verizon and T-Mobile users also affected | Fox Business

Technology Management

Security outsourcing on the rise as CISOs seek cyber relief | CSO Online

The 10 biggest issues CISOs and cyber teams face today | CSO Online

In a global first, quantum computers crack RSA and AES data encryption – The Brighter Side of News

Two never-before-seen tools, from same group, infect air-gapped devices – Ars Technica

Crisis Management

More Than 390,000 Without Power In Louisiana Thursday | Weather.com

DICK’S shuts down email, locks employee accounts after cyberattack

Expert confirms Columbus Ohio data leak affects residents

Channel File 291 Incident RCA is Available | CrowdStrike

Emergency Management

How to Align Your Incident Response Practices With the New SEC Disclosure Rules – SecurityWeek

Why the toxins from the Ohio train derailment could have posed deadly threats for residents nearby – ABC News

Train derails, goes up in flames in Ohio, causes half of town to evacuate – ABC News

Shrinking Mississippi River Puts American Farm Trade at Risks

Risk Management

Open Banking: CFPB’s 1033 Rule and the Cost of Compliance

Company Behind Major Social Security Number Leak Files for Bankruptcy | PCMag

AT&T fined $13M for data breach after giving customer bill info to vendor | Ars Technica

TD Bank ordered to pay $28 mln by US CFPB for misreporting consumer credit data | Reuters

Compliance

6 regulatory moves, people whose days are numbered under Trump | Banking Dive

BPI: FDIC Bank Merger Rules Will Have ‘Chilling Effect’

FinTechs Entering US Will Need Sponsor Banks, Says Thredd CEO

BaaS Faces Regulatory Reckoning With OCC and FDIC Actions