U.S. Financial Regulators Need to Work Together re Cyber

Speaking at the Women in Finance and Technology Symposium this week, Deputy Treasury Secretary Sarah Bloom Raskin said that state and federal regulators must do a better job of working together to tackle cybersecurity challenges in the financial sector. Cybersecurity is “a silo-busting kind of activity,” Raskin said, adding that the emergence of “multiple sets of standards, multiple guidances” would be a negative development for the country going forward.

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