Federal panel calls for better bank cybersecurity

04/26/2013 | Reuters

A Financial Stability Oversight Council report recommends that the federal government needs to boost security efforts in the banking industry. "Technological failures, natural disasters, and cyberattacks can emanate from anywhere, at any time," the report says. "Preparation and planning to address these potential situations are essential to maintain the strength and resilience of our financial system."

View Full Article in:

Reuters

Published in Briefs: