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In Response To:
Thread Starter: praBSA
Title: Re: Cyber event?

I'd be curious for further opinions on this topic as a whole.

FIN-2011-A016 states that account takeover activity should be reported.
FIN-2016-A005 is an advisory that really just talks about cyber-events and cyber-related crime targeting a financial institution.

Does FinCEN define "targeting a financial institution" as a customer providing their account information to a scammer and the scammer transferring funds out of the account? That seems too broad to me. I feel like the guidance's intent was for financial institutions to report crimes and attempts against the financial institution itself, and not individual customers.