OFFICIAL PUBLICATION OF THE COMMUNITY BANKERS ASSOCIATION OF KANSAS

January 5, 2022

ransomware

The Threat of Ransomware for Financial Institutions: FinCEN Issues Red Flags

Cyberattacks — specifically ransomware — are the most significant threats to U.S. financial institutions. The June 2021 release of the Financial Crimes Enforcement Network (FinCEN) Priorities makes this clear in naming cybercrime as one of the eight national anti-money launderings and countering the financing of terrorism (AML/CTF) priorities. On Nov. 8, 2021, FinCEN issued a revised advisory on Ransomware and the Use of the Financial System to Facilitate Ransom Payments.

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CBAK-Offer-Access-to-Bankers-Helping-Bankers

Community Bankers Association of Kansas Offer Access to Bankers Helping Bankers for Its Member Banks in Kansas

Community Bankers Association of Kansas (CBAK) is pleased to announce its participation with the FedFis and state community banking associations nationwide to offer access to Bankers Helping Bankers to its member banks in Kansas.

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