Regulators Warn on Lack of “Basic” Cybersecurity Protections

Oct 25

From: WatersTechnology

Panelists at the Sifma Annual Meeting felt attacks could be prevented if cybersecurity was treated as an integrated business process.

Emilia David

Thomas Ferlazzo, senior vice president, Operational Risk Supervision at the Federal Reserve Bank of New York, said that examinations being conducted by the regulator still find cybersecurity processes lacking at some firms it supervises.

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