FDIC on Why Banks Need a Disaster Plan for Cyber Threats

[InfoSec News <alerts () infosecnews org>]

http://www.bankinfosecurity.com/blogs/fdic-on-banks-need-disaster-plan-for-cyber-threats-p-1924

By Tracy Kitten
@FraudBlogger
Bank Info Security
August 27, 2015

Federal banking regulators have for the last year been pushing community 
banks and credit unions to enhance their cybersecurity assessment and risk 
management strategies.

The Federal Deposit Insurance Corp.'s "Supervisory Insights" summer 2015, 
published this week, reminds these smaller financial institutions about an 
online resource they can use to conduct exercises designed to help them 
prepare to deal with emerging cyber risks.

  "In addition to preparing for natural disasters and other physical
  threats, business continuity now also means preserving access to
  customer data and the integrity and security of that data in the
  face of cyber-attacks."

The FDIC's "cyber challenge" program offers a series of videos and 
exercises to help banks consider appropriate steps for dealing with key 
threats, including account take-over, malware infections and other risks 
related to third parties and vendors.

[...]



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