On December 21, Josh Magri, Senior Vice President and Counsel for Regulation & Developing Technology at the Bank Policy Institute, was featured on the CyberWire podcast to discuss how financial institutions conduct cybersecurity in a heavily regulated global financial environment, while protecting their employees and their customers. Josh noted financial institutions have multiple federal and state regulators, with overlapping requirements, creating a complex regulatory environment that diverts institutions’ resources away from cybersecurity towards compliance Josh touted the recently released Financial Services Sector Cybersecurity Profile as a tool to reduce this complexity and minimize time spent on compliance.
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