US banking sector vulnerable to hackers - Gragrah News!
Headlines News :
Home » » US banking sector vulnerable to hackers

US banking sector vulnerable to hackers

Written By Joseph Y. Musa on Friday, April 26, 2013 | 4/26/2013 10:17:00 am

US authorities charged with overseeing the financial sector are worried about its vulnerability to cyberattacks, they said in a report.
"Security threats in cyberspace are not bound by national borders and can range widely from low to high security risks," wrote the Financial Stability Oversight Council in its 2013 annual report published on Thursday.
The council is worried, in particular, about the increasing skill of hackers attacking the US financial system.
Making reference to a series of cyber attacks that targeted several of the biggest US banks toward the end of 2012, the FSOC noted "the knowledge and skill of the attackers appeared to increase over time."
In an attempt to protect the financial system against these attacks, the FSOC proposed "enhancing cross-sector cooperation, particularly with industries upon which the financial sector is dependent, such as energy, power, and telecommunications."
"Public-private partnership improvements in the analysis and dissemination of robust information to improve real-time responses to cyberattacks will enhance incident management, mitigation, and recovery efforts," the report added.

Share this article :
Blog Widget by LinkWithin

MOST READ FOR THE WEEK

 
Support : Creating Website | Johny Template | Mas Template
Proudly powered by Blogger
Copyright © 2011. Gragrah News! - All Rights Reserved
Template Design by Creating Website Published by Mas Template