OCC warns of cyber threat to community banks

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US community banks face a growing threat of cyber attack, the US Office of the Comptroller of the Currency (OCC) has warned. The regulator says the growing sophistication and persistent nature of attacks are its key concerns.

Norine Richards, national bank examiner at the OCC, says that community banks must take action and ensure that the techniques they use to protect against cyber threats are comprehensive and effective.

"I want to stress that although many of the defences needed are IT

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