Josh Magri Discusses Cyber Risk and Regulation on CyberWire Podcast
On December 21, Josh Magri, Senior Vice President and Counsel for Regulation & Developing Technology at the Bank Policy Institute, was featured on the CyberWire podcast to discuss how financial institutions conduct cybersecurity in a heavily regulated global financial environment, while protecting their employees and their customers. Josh noted financial institutions have multiple federal and state regulators, with overlapping requirements, creating a complex regulatory environment that diverts institutions’ resources away from cybersecurity towards compliance Josh touted the recently released Financial Services Sector Cybersecurity Profile as a tool to reduce this complexity and minimize time spent on compliance.
FSSCC Cybersecurity Profile: A NIST-based Cybersecurity Assessment Approach - Community Banks
On April 18, 2019, Joyce Flinn of First United Bank and Trust and Denyette DePierro of ABA presented on the FSSCC Cybersecurity Profile: A NIST-based Cybersecurity Assessment Approach for Community Banks.
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Closing Pandora’s Box
With each passing day, more of the systems that provide us with food, water, shelter, energy, communication, and currency are digitized.
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