Comparison table between spring 2024 and fall 2025
| SPRING 2024 | vs | FALL 2024 |
|---|---|---|
| Focuses on firmwide resilience and climate-related financial risks, with an emphasis on building long-term strategic preparedness. It provides insights into the evolving operating environment and its impact on bank performance. |  | Highlights increased external fraud activity, reflecting an immediate and pressing threat to the federal banking system. The report emphasizes proactive fraud detection and response measures to safeguard banking operations. |
| Cybersecurity is addressed within operational risks, focusing on resilience against technology failures and enhancing defenses against potential breaches. The report underscores the need for stronger IT governance as part of overall risk management. |  | Cyber threats are directly linked to the rise in external fraud, such as ransomware, phishing, and supply chain attacks. It stresses the urgency of implementing advanced monitoring tools and robust incident response frameworks. |
| Discusses how banks are navigating challenges tied to integrating new technologies, especially in sustainability-focused financial products. Banks are encouraged to innovate without compromising risk management. |  | Focuses on the regulatory and operational risks posed by adopting products like digital currencies and instant payments. It highlights the importance of aligning innovation with compliance and risk assessments. |
| Focuses on firmwide resilience and climate-related financial risks, with an emphasis on building long-term strategic preparedness. It provides insights into the evolving operating environment and its impact on bank performance. |  | Highlights increased external fraud activity, reflecting an immediate and pressing threat to the federal banking system. The report emphasizes proactive fraud detection and response measures to safeguard banking operations. |
