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MasterCard Exec, Others Urge Flexible Cybersecurity Regime

By Allison Grande (October 14, 2016, 8:35 PM EDT) -- A MasterCard executive and other cybersecurity experts on Friday cautioned regulators against following the lead recently set by a New York banking authority and instituting proscriptive cybersecurity rules that would quickly become irrelevant, saying that a regime akin to a flexible industry-driven framework rolled out two years ago provided a better way forward....

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