Cyber Attacks on Banks Prompt Guidelines From G7 Regulators

In response to costly and frequent cyber attacks on banks, global financial regulators this week released recommended cybersecurity practices for public and private financial organizations to follow.

The Group of Seven (G7), consisting of financial supervisors from the US, Canada, France, Germany, Italy, Japan, and the UK, indicated its hope that the guidelines will help combat the global nature of cybercrime and promote resiliency of banks.


Erin Ayers, Cyber attacks on banks prompt guidelines from G7 regulators (October 17, 2016), available with subscription at Advisen Cyber Front Page News.