ABA Banking Journal
No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
SUBSCRIBE
ABA Banking Journal
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
No Result
View All Result
No Result
View All Result
Home Cybersecurity

Commerce Secretary Calls for More Protections of Cybersecurity Info-Sharing

December 6, 2016
Reading Time: 1 min read

In remarks at a cybersecurity forum today, Commerce Secretary Penny Pritzker called on both industry and government to increase collaboration on cybersecurity in order to better secure critical infrastructure and protect consumers. Summarizing the findings of the recently created Commission on Enhancing National Cybersecurity, Pritzker said that both companies and government agencies must “speak the same language of cyber risk,” while acknowledging that more must be done to remove the structural impediments to collaboration.

“The problem is that today, relationships between regulators and the businesses they regulate are inherently adversarial,” Pritzker said, noting that fear of regulatory action can often deter industry from engaging in candid conversations about cyber risks. “We cannot blame executives for worrying that what starts today as an honest conversation about a cyber-threat could end tomorrow in a ‘punish the victim’ enforcement action.”

To mitigate this, Pritzker recommended  the Federal Communications Commission adopt a “reverse Miranda” protection through which businesses could discuss cyber risk-related matters with regulators without fear of reprisal. She added that such an effort may require congressional action to ensure that those protections are adequately extended “to businesses throughout the digital ecosystem.”

Tags: Cyber crimeCybersecurity
ShareTweetPin

Author

Monica C. Meinert

Monica C. Meinert

Monica C. Meinert is a senior editor at the ABA Banking Journal and VP for executive communications at the American Bankers Association.

Related Posts

Construction spending decreased 0.3% in May

ROAD to Housing Act becomes law

Mortgage
July 11, 2026

Among its homeownership benefits, the legislation also includes provisions related to brokered deposits, bank examinations, de novo bank formation and a mentor-protégé program pairing large financial institutions with smaller depository institutions.

ABA DataBank: Rates and oil diverge

ABA DataBank: Rates and oil diverge

Economy
July 10, 2026

Oil prices have largely returned to early-2026 levels. In contrast, the implied yield on the Fed Funds Futures December 2026 contract is up 80 basis points from a year ago, suggesting a broader range of risks and uncertainty...

ABA files amicus brief urging Eighth Circuit to reverse district court’s dismissal of NSF fee lawsuit

Regulators close Indiana’s Kentland Federal Savings and Loan

Newsbytes
July 10, 2026

The FDIC entered into an agreement with Kentland Bank of Kentland, Indiana, to purchase substantially all assets and assume all deposits of Kentland Federal Savings and Loan Association, which was the smallest standalone bank in the U.S., with...

Parents growing more comfortable talking to kids about money, U.S. Bank data says

Parents growing more comfortable talking to kids about money, U.S. Bank data says

Financial Education
July 10, 2026

Roughly half of U.S. adults say money was rarely or never discussed at home while growing up, although younger parents report more willingness to teach their children financial skills, according to a new survey by U.S. Bank.

ABA DataBank: Household delinquency expectations rise

Survey: Job security rising concern for U.S. consumers

Economy
July 10, 2026

Concerns about job security are growing among U.S. consumers who are already stressed about rising prices, which is affecting spending habits, according to a new survey by J.D. Power.

FOMC minutes: Persistent inflation clouds path forward

Federal Reserve announces leadership and objectives of its task forces

Newsbytes
July 9, 2026

Supported by Fed staff, the task forces “will operate independently, with a mandate to follow the evidence, provide candid feedback, and produce rigorous findings for the Federal Open Market Committee."

NEWSBYTES

ROAD to Housing Act becomes law

July 11, 2026

ABA DataBank: Rates and oil diverge

July 10, 2026

Regulators close Indiana’s Kentland Federal Savings and Loan

July 10, 2026

SPONSORED CONTENT

Why Your Systems Keep Slowing Down — and What to Do About It

Examiners Are Now Looking at Your Non-Core Systems

June 11, 2026
Your Floorplan Audit and Your Credit Decision Are Weeks Apart. That Gap Has a Price.

Your Floorplan Audit and Your Credit Decision Are Weeks Apart. That Gap Has a Price.

June 1, 2026
A Modern Blueprint for Serving High-Net-Worth Families

A Modern Blueprint for Serving High-Net-Worth Families

May 28, 2026
Why Your Systems Keep Slowing Down — and What to Do About It

AI Is in Your Bank. Is Your Cloud Contract Governing It?

May 20, 2026

PODCASTS

Podcast: Understanding the 2025 Home Mortgage Disclosure Act data

July 8, 2026

Podcast: Financing America’s independence

June 29, 2026

Podcast: Talent and innovation in community banking

June 18, 2026

American Bankers Association
1333 New Hampshire Ave NW
Washington, DC 20036
1-800-BANKERS (800-226-5377)
www.aba.com
About ABA
Privacy Policy
Contact ABA

ABA Banking Journal
About ABA Banking Journal
Media Kit
Advertising
Subscribe

© 2026 American Bankers Association. All rights reserved.

No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive

© 2026 American Bankers Association. All rights reserved.