LexRegPulse Daily - Sep 2, 2026
Alex here. This is LexRegPulse Daily for Wednesday, September 2.
The vendor that runs core banking systems for thousands of community banks and credit unions has been hit by ransomware. Jack Henry & Associates was attacked, Finextra reported Wednesday. Scope, affected systems, and restoration timing are still undisclosed. That's the operational problem: Jack Henry sits inside deposit processing, payments, and customer data at a large share of institutions under 10 billion dollars in assets. Banks owe regulators an incident determination they can't make without vendor facts. Third-party risk…
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