Top Bank Executives Required to Vouch for Cyber Attack Defences

A new regulation, which takes effect on March 1, requires companies supervised by New York’s Department of Financial Services to establish and maintain a cyber security program that can protect consumers’ private data and “ensure the safety and soundness” of the state’s financial services industry.

https://www.ft.com/content/451e5b5c-faa7-11e6-9516-2d969e0d3b65