Fresh Today

Fresh Today

WASHINGTON—During markup last week of the National Defense Authorization Act (NDAA) for fiscal year 2021, a Senate summary of the Act reveals the banking industry is again seeking a provision that would require the Department of Defense to treat banks similar to credit unions when it comes to leases on military bases.

NEW YORK–Ransomware attacks against banks and credit unions during the first quarter of this year saw a “particular spike” over the prior quarter, according to a new analysis released by Beazley Breach Response (BBR) Services.