Financial Sector Needs Help With Cybersecurity, FSOC Told

Law360, Washington (December 9, 2013, 7:17 PM EST) -- The financial services industry has made significant progress over the past 18 months to improve its cybersecurity efforts, but still needs assistance from the government and other industries for proper risk mitigation, BB&T Corp.'s chief executive told the Financial Stability Oversight Council on Monday.

CEO Kelly King told Treasury Secretary Jack Lew and other members of the cross-agency group that as co-chairman of the board of directors of the Financial Services Roundtable Technology Policy Council he had helped helm an effort to raise awareness of cyber...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.