We found a match
Your institution may have rights to this item. Sign in to continue.
- Title
Safe and Sound: Cybersecurity for Community Banks.
- Authors
SERVIDIO, JOHN S.; TAYLOR, RYAN D.
- Abstract
Cyber attacks are becoming more frequent, more sophisticated, and more widespread. Although attacks against large financial institutions and major retailers generate the biggest headlines, many community banks have also experienced cyber incidents--for example, being targeted by malware or phishing attempts to obtain customer data--in recent years. Community banks have also been the targets of automatic teller machine cash-out frauds and account takeover thefts. Unfortunately, many small and medium-size banks lack the resources they need to fight cyber attacks. This article describes how community banks can establish a game plan, consistent with banking agency guidance and based on the five pillars of cybersecurity preparedness, that will enable them to prevent, mitigate, and respond to cyber attacks.
- Subjects
INTERNET security; COMMUNITY banks; BANK security; CYBERTERRORISM; COUNTERTERRORISM; AUTOMATED teller machines; PREVENTION of bank fraud; SECURITY systems
- Publication
Journal of Taxation & Regulation of Financial Institutions, 2015, Vol 28, Issue 4, p5
- ISSN
1547-3996
- Publication type
Article