by GrafWebCUSO | Jul 12, 2017 | News
Organizational personnel cause almost half of worldwide IT security incidents in businesses each year, and 40% of employees involved hide their IT security episodes for fear of employer punishment or blame. These are some of the revelations from a new report,...
by GrafWebCUSO | Jul 11, 2017 | News
Credit unions representing nearly a quarter of the nation’s members will get a break from reporting home equity line of credit data to federal regulators under a rule change proposed Monday. CFPB Director Richard Cordray said Monday the agency would issue a...
by GrafWebCUSO | Jul 11, 2017 | News
Newly discovered credit card data breaches point out the need to defend against hackers, who have flooded the dark web with personal information and opened the door to more ransomware attacks. Brian Krebs in his KrebsOnSecurity blog reported about a Missouri-based...
by GrafWebCUSO | Jul 11, 2017 | News
Credit unions gained a slightly larger share of consumer lending in May, as their loans for cars and credit cards grew faster than banks, the Federal Reserve reported Monday. Total consumer credit stood at $3.8 trillion on May 31, up 5.8% from a year earlier,...
by GrafWebCUSO | Jul 11, 2017 | News
A Republican senator said today he will mount an effort to convince Congress to nullify the newly released CFPB’s arbitration rules. “The CFPB has gone rogue again, abusing its power in a particularly harmful way,” said Sen. Tom Cotton (R-Ark.)....
by GrafWebCUSO | Jul 11, 2017 | News
Financial technology is about to go mainstream. That’s according to the EY FinTech Adoption Index, which finds that fintech adoption among consumers has surged globally over the past 18 months—in the U.S. it’s doubled...
