Treasury committee focuses on improving information sharing among financial regulators, promoting public-private partnerships and enhancing the resiliency of the financial sector. The SEC is staking claim on its right to review the consumer privacy and data protection practices at all publicly traded companies. Cybersecurity threats are the No. 1 threats against the stability of the U.S. financial system, expert says. The themes discussed at this week’s committee meeting repeat what I’ve been hearing at recent fraud and breach prevention summits: More regulatory oversight is on the way.”]
Source: https://www.cuinfosecurity.com/blogs/sec-prepares-for-more-cybersecurity-oversight-p-2188