The Business Times
SUBSCRIBERS

Vendors come under scrutiny following Wall St cyberattacks

They may be required to inform their bank customers of the strength of their defences

Published Wed, Oct 22, 2014 · 09:50 PM
Share this article.

New York

RECENT huge cyberattacks on JPMorgan Chase and a dozen other financial institutions are accelerating efforts by US federal and state authorities to push banks and brokerage firms to close some gaping holes in their defences.

Top officials at the Treasury Department are discussing the need to bolster fortifications around a critical area of cybersecurity: outside vendors, which include law firms, accounting and marketing firms and even janitorial companies, according to several people briefed on the matter.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Technology

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here