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Maloney presses federal banking agencies for cybersecurity reassurances
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Governmental Affairs
Tuesday, May 24, 2016
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Rep. Carolyn B. Maloney (D-N.Y.) requested information from the Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency regarding the what response they have taken to recent cyberattacks on the SWIFT financial messaging network. In her letter she said more than 11,000 financial institutions use SWIFT to send billions of messages every year, facilitating trillions of dollars of cross-border payments. Keep reading to learn more.
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