
Gauging How the FDIC Proposed Standards Will Affect Financial Industry Cyber Security
With the new Proposed Standards from the FDIC, financial institutes will need to ensure their cyber security is up to standard. We spoke with Jeff Kaplan to find out how the financial industry might be affected.
The Federal Financial Institutions Examination Council (FFIEC) as well as the Federal Deposit Insurance Corporation (FDIC) have recently made announcements that focus on cybersecurity. The FDIC in particular imposes more stringent requirements — called the Proposed Standards — across several categories of cybersecurity, including: cyber risk governance, cyber risk management, internal dependency management, external dependency […]