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Congress Hears of Fresh Cyberthreats to US Financial Firms

U.S. financial institutions are vulnerable to a new array of attacks from cybercriminals and nation-state hackers as a result of the COVID-19 pandemic, experts told a Congressional panel this week at a virtual hearing. The testimony before the House Financial Services’ Committee’s National Security, International Development and Monetary Policy subcommittee came as Democratic and Republican lawmakers introduced a series of legislative proposals to deal with the challenges facing financial institutions. The shift to a remote workforce has led many firms to change their approach to cybersecurity, experts testified.”]

Source: https://www.cuinfosecurity.com/congress-hears-fresh-cyberthreats-to-us-financial-firms-a-14463

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