NY State financial services cyber rules: a first step that falls short

“Bottom line, this cybersecurity guidance is not robust enough,” said Tom Kellermann, CEO of Strategic Cyber Ventures (SCV). “Financial institutions must get back to their roots of safety and soundness in order to preserve trust and confidence via proactive cybersecurity. The sector’s greatest exposure lies in the vulnerability of the technical service providers which creates a systemic vulnerability for ‘island hopping’.”

Full Article: https://www.scmagazine.com/ny-state-financial-services-cyber-rules-a-first-step-that-falls-short/article/685528/

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