Tag Archives: financial services industry

US Bank Regulators Seek to Implement Cyber Risk Mgmt Rules

The Federal Deposit Insurance Corp., Office of the Comptroller of the Currency and Federal Reserve Board want public comments on the three bank regulators’ joint plan to establish a set of cyber risk management standards for the financial services industry. The regulatory agencies also seek potential methods to quantify and compare cyber risks at financial institutions, FDIC …

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DOJ: 7 Iranians Indicted on US Financial System Hacking Charges

A federal grand jury has indicted seven Iranian people whom government  investigators believe have orchestrated extensive denial-of-service attacks on U.S. financial services institutions between December 2012 and September 2013. The Justice Department said Thursday computer hacking charges have been filed against Ahmad Fathi, Hamid Firoozi, Amin Shokohi, Sadegh Ahmadzadegan, Omid Ghaffarinia, Sina Keissar and Nader Saedi. These …

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Treasury Sec. Jack Lew: US, UK Coordinate to Bolster Financial Service Cybersecurity

Several U.S. and British government and financial services industry representatives held a tabletop exercise Thursday as they seek to create a shared understanding of cybersecurity incident response, data sharing and public communication issues. The Treasury Department said Thursday the joint U.S.-U.K. meeting was part of a translantic effort in cyberspace and aimed to …

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NIST Releases IT Security Mgmt Guidance for Financial Services Industry

The National Institute of Standards and Technology is seeking comments on the agency’s draft guidance for financial services companies to track, manage and secure their information technology software and hardware systems. NIST’s IT Asset Management guide also explains how commercial technology can help organizations locate and configure networked devices and applications, the …

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