Office of the Comptroller of the Currency

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OCC risk report: Cyber attacks and community banking 

Dec 06, 2021By

The Office of the Comptroller of Currency (OCC) released its semi-annual risk report on Monday, highlighting the key issues the federal banking system faces as financial institutions continue to weather the pandemic. Amid operational, credit compliance and strategic risks, the OCC cautioned banks of the evolving cyber and ransomware attacks the regulator has increasingly witnessed.

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