Post Tagged with: "FFIEC"

Compliance Burdens on FIs Increased 26% in 3Q

Compliance Burdens on FIs Increased 26% in 3Q

by November 20, 2014 at 11:53 am 1 comment

The third quarter saw a 26% rise in the compliance burden for FIs. This data arrives via the Banking Compliance Index, produced by Continuity Control, a New Haven, Conn.-based provider of a cloud-based compliance management system for community banks. The latest results of the index were announced Saturday, November 15.

Heartbleed is a Headache for Banks

Heartbleed is a Headache for Banks

by April 11, 2014 at 12:28 pm 0 comments

Bank systems are generally thought to be safe from the direct effects of the Heartbleed bug, according to security experts, but the galaxy of vendors and service organizations — to say nothing of employee devices — are another matter. The Heartbleed exploit refers to a weakness in OpenSSL, an authorizationRead More