BPI Response to National Cybersecurity Strategy

Washington, D.C. – The Administration announced a National Cybersecurity Strategy today aimed at strengthening the country’s cyber defenses and outlining new commitments to preempt emerging threats. BPI President and CEO Greg Baer issued the following statement in response:

BPI strongly supports today’s announcement and appreciates the Administration’s ongoing willingness to collaborate with industry to secure our national cybersecurity. The National Cybersecurity Strategy demonstrates a commitment to longstanding BPI priorities, such as harmonizing requirements among regulators, improving public-private coordination through greater intelligence sharing, improving oversight of cloud and technology companies and holding product and software developers accountable for security vulnerabilities. BPI values the opportunity to continue to work with the Administration, the Office of the National Cyber Director and banking agencies as they implement these strategies.

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    About Bank Policy Institute.

    The Bank Policy Institute (BPI) is a nonpartisan public policy, research and advocacy group, representing the nation’s leading banks and their customers. Our members include universal banks, regional banks and the major foreign banks doing business in the United States. Collectively, they employ almost 2 million Americans, make nearly half of the nation’s small business loans, and are an engine for financial innovation and economic growth.

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    Austin Anton

    austin.anton@bpi.com

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