Interagency Committee Holds Meeting on Cybersecurity

Members of the Financial and Banking Information Infrastructure Committee — a group of representatives from 18 federal and state financial regulatory organizations — met on Tuesday in Washington, D.C., to discuss cybersecurity policy issues in the financial sector.

The meeting included a briefing from the FBI on the current cyber threat landscape, as well as a discussion of how to increase information sharing among FBIIC members and develop common risk-based approaches to manage cyber risk. The committee also reviewed the results of recent cyber exercises coordinated by FBIIC and the Financial Stability Oversight Council that evaluated the effects of a cyber incident on financial stability.

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Monica C. Meinert

Monica C. Meinert is deputy editor of the ABA Banking Journal and editorial director at the American Bankers Association, where she oversees ABA Daily Newsbytes.