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Payment systems, clearinghouses should have multilayer cyber defenses, ECB proposes

( April 10, 2018, 10:02 GMT | Official Statement) -- MLex Summary: Payment systems, clearinghouses and settlement providers should have a multilayered system for detecting hacks, as part of corporate cyber-resilience strategies led by a chief information security officer, under proposed guidelines from the European Central Bank. The ECB’s expectations aim to provide concrete steps to meeting international standards for protection for financial-market infrastructure. It has called on interested parties to submit input on the proposal by June 5.Statement follows. The full consultation document and response template are attached....

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