Estimated reading time: 0 minutes, 23 seconds

Regulators Poised to Tighten U.S. Bank Cybersecurity Oversight

U.S. regulators are planning on working together to assess banks’ cybersecurity defenses. So reports The Financial Times.

“Several senior regulators” said they’re cooperating on preparing a new way of testing banks’ protections against cyber attacks. The proposed structure could be ready later this year. Under the current system, each agency takes a separate look but not might get a full view of a bank’s cyber risks.

Read the full article from The Financial Times.

Read 3901 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.