This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager.
Dismiss

US Treasury failing to track cyber-defense efforts or set financial-sector priorities, GAO says

By Neil Roland ( September 18, 2020, 20:30 GMT | Insight) -- The US Treasury Department, which is responsible for coordinating cyber defenses in the financial sector, is failing to track efforts among banks, mutual funds and insurers — leaving the sector potentially exposed to increasing threats, a congressional watchdog said. The department, under Secretary Steven Mnuchin, also hasn’t set priorities for the $108 trillion financial industry’s attempts, nor has it developed ways to measure the sector's progress in meeting established goals, the Government Accountability Office report said.The US Treasury Department, which is responsible for coordinating cyber defenses in the financial sector, is failing to track efforts among banks, mutual funds and insurers — leaving the sector potentially exposed to increasing threats, a congressional watchdog said....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login