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Chase Breach: Lessons for Banks

The New York Times says U.S. banks were targeted by a group believed to have ties to the Russian government. Experts say banks and credit unions must take immediate steps to ensure they are prepared for inevitable attacks. Banks also need to step up their information sharing efforts to help the industry defend against these emerging persistent threats, experts say. “It’s time to shore up our defenses in this fight,” says former FIS executive Bill Isaac, an analyst at the Federal Deposit Insurance Corp. “They’re not going to go after one bank,” she says.”]

Source: https://www.cuinfosecurity.com/chase-breach-lessons-for-banks-a-7400

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