Financial organizations are seeking updates to a proposed incident reporting rule to improve cybersecurity within the industry. The rule aims to require financial firms to report significant cyber incidents to federal regulators. This update could help bolster the industry’s ability to respond effectively to cyber threats and protect sensitive financial information.
88% of organizations are increasing fraud team headcounts
Organizations are ramping up efforts to prevent fraud by allocating more resources and expanding teams dedicated to preventing fraudulent activities. This trend reflects the growing
