The Nutter Bank Report is a monthly electronic publication of
the firm's Banking and Financial Services Group and contains
regulatory and legal updates with expert commentary from our
banking attorneys.
Headlines
1. Banking Agencies Warn of Cyber-Attacks on ATMs and Bank
Websites
2. Massachusetts Court Rules that NDIP Disclosures Were
Adequate
3. Federal Reserve Issues Examination Guidance for Larger Banks on
Loan Sampling
4. CFPB Proposes Amendments to International Money Transfer
Rule
5. Other Developments: Oil and Gas Lending and the Heartbleed
Bug
1. Banking Agencies Warn of Cyber-Attacks on ATMs and Bank
Websites
The federal banking agencies, through the FFIEC, have issued
guidance to banks on the risks associated with cyber-attacks on ATM
and card authorization systems and distributed denial of service
("DDoS") attacks on banks' public-facing websites.
The guidance published on April 2 describes measures that the
banking agencies expect banks to
