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76 Results from /security, "Bank of America"

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Bank of America customers hit by data hack at Infosys McCamish Systems

Bank of America is warning customers of a data breach following a security breakdown at Infosys McCamish Systems, a provider of services for deferred compensation plans at the bank.

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BofA granted hundreds of patents

Bank of America scored a record 341 US patents in the first half of 2022, a 50% year-on-year increase, with information security and AI seeing the most action.

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Banks to pay $1bn over traders' use of WhatsApp

A handful of Wall Street banks are preparing to pay up to $200m each to settle a case with the Securities and Exchanges Commission (SEC) and the Commodity Futures Trading Commission (CFTC) over the use of WhatsApp messages.

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Firms failing to monitor social messaging

Financial services firms are falling short in their efforts to monitor employees' use of social media messaging despite ear-marking communications surveillance as an investment priority, according to recent research.

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US banks back ID verification service

Some of America's biggest lenders have joined forces with Early Warning on a service that lets people use their bank login details to verify their identity when using participating business' sites and apps.

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BofA launches Account Validation service

Bank of America has rolled out a fraud prevention service for corporate and public sector clients making payments in the US.

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Bank of America granted record number of patents

Bank of America is boasting a record 227 US patents granted in the first half of the year, with AI and machine learning the area seeing the most action.

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Bank of America leak exposes business details of PPP relief applicants

Bank of America accidentally exposed the personal details of applicants applying for loans from the Paycheck Protection Program during a test submission to the US Small Business Administration system.

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US banks and fintechs form group to tackle customer data-sharing

Some of America's biggest banks have joined forces with fintech firms to launch a non-profit organisation that tackles the contentious issue of sharing consumer data.

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Top banks create third-party risk management company

Some of America's biggest financial institutions, including American Express, Bank of America, JPMorgan and Wells Fargo, have set up a new company that will carry out risk assessments on suppliers and partners.

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BofA taps Intel for online banking fingerprint authentication

Bank of America is teaming up with Intel to add biometric authentication to its online platform for PC users.

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Wall Street giants team up on cyber security

America's biggest banks are joining forces to combat the growing threat from cybercriminals, setting up a group that will work on preparing for attacks and improving information sharing, according to the Wall Street Journal.