Bank of England’s new cybersecurity risk framework could offer valuable risk assessment lessons for U.S. banks and credit unions. Financial fraud and security experts say the U.K. cyber framework demonstrates how forward-thinking regulators are on cybersecurity. One security executive with a British bank says many British banks were taken aback by the framework’s announcement. The framework also replicates the techniques used by potential attackers to assist institutions with their internal penetration testing and includes a penetration-testing guide to help institutions determine which third-parties they might consider hiring ongoing network testing.”]
Source: https://www.bankinfosecurity.com/bank-england-a-6940