News & Events


Commissioner Gonzales Announces Weekly Formula Rate May 16, 2017

Tuesday, May 16, 2017 | 9:25am

NASHVILLE -- Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 8.0 percent per annum.

The rate is based on a ceiling of 4.00 percent over the weekly average prime loan rate of 4.0 percent as published by the Federal Reserve on May 15, 2017.

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Fileless, 'Nearly Invisible' Malware Reportedly Infecting At Least 140 Banks, Organizations Globally

Monday, February 13, 2017 | 10:49am

Fileless malware is going mainstream, as financially motivated criminal hackers mimic their nation-sponsored counterparts, Kaspersky Lab reported Wednesday.

Two years ago, researchers at the lab discovered their corporate network was infected with malware that resided solely in the memory of the compromised computers, a feat that allowed the infection to remain undetected for six months or more. Kaspersky eventually unearthed evidence that Duqu 2.0, as the never-before-seen malware was dubbed, was derived from Stuxnet.

According to the lab, networks belonging to at least 140 banks and other enterprises have been infected by malware that relies on a fileless, in-memory design to remain nearly invisible. Because infections are so hard to spot, the actual number is likely much higher.

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