Financial Services Cyber Fraud: The Latest Risks and Best Responses
Cyber fraud costs the financial services industry billions in losses each year and has been on the rise. Regulation has followed, creating risks of a different kind.
This timely webinar walks through some of the latest cyber fraud risks and regulatory changes facing the financial services industry and the steps that companies can take to combat them.
The speakers provide a primer on cyber legal obligations, including pursuant to Reg S-ID, Reg S-P, the FTC's 2021 Safeguards Rule amendments, the CFPB’s Circular 2022-04, new NY DFS rules, and more. From ongoing rulemaking and enforcement actions to private litigation, this discussion reviews risks and best practices for preventing, detecting, and responding to cyber fraud.
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