American Banker: Amid Glut of Cybersecurity-Rules Banks Launch Global Tool to Assess Risks
Originally published in American Banker
American Banker journalist Rachel Witkowski reported on the launch of the Financial Services Sector Cybersecurity Profile at an official event attended by industry representatives, academics and regulators that took place on October 25, 2018. The article indicates that participation and contributions from more than 150 banks led to the development of the Profile, which is now helping firms achieve an approximately 73% reduction in the number of regulatory assessment questions typically required as part of cybersecurity compliance.
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Inside Cybersecurity: Regulators Welcome Finance-Sector Profile Based On NIST Framework, But Need Time To Examine Implementation
Article from Insidercybersecurity.com