Finance industry looks to Fed to spearhead cybersecurity

05/8/2013 | Bloomberg

Leaders in the U.S. financial industry are calling on the nation's central bank to be more proactive in protecting banks against cyberattacks. According to newly released minutes from a February meeting of the Federal Advisory Council, the lending community is urging the Federal Reserve to become an "interlocutor" between private industry and the nation's intelligence services, with the goal of promoting the flow of threat information between banks and the government.

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