FDIC "Framework for Cybersecurity" Highlights How Financial Institution Information Security Programs Can Better Respond to Evolving Cyber Threats
Authored by Doug Bonner
Every regulated financial institution that needs to maintain an effective information security program under Gramm Leach Bliley should not only ensure that it is complying with all banking regulations, but regularly evaluating banking industry best practices for Cybersecurity. The FDIC in February 2016 published a "Framework for Cybersecurity" that provides financial institutions a valuable sanity check about what best practices, from the FDIC's perspective, should be followed, and what government and industry resources are available for banks, both large and small to counter cyber threats.
Our linked client alert discusses highlights of the FDIC's recent "Framework for Cybersecurity".
Every regulated financial institution that needs to maintain an effective information security program under Gramm Leach Bliley should not only ensure that it is complying with all banking regulations, but regularly evaluating banking industry best practices for Cybersecurity. The FDIC in February 2016 published a "Framework for Cybersecurity" that provides financial institutions a valuable sanity check about what best practices, from the FDIC's perspective, should be followed, and what government and industry resources are available for banks, both large and small to counter cyber threats.
Our linked client alert discusses highlights of the FDIC's recent "Framework for Cybersecurity".
Labels: banking regulations, cybersecurity, FDIC, Gramm Leach Bliely
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