Financial firms should be ready for cyberattacks, official says

Banks and other companies in the financial-services business need to be better prepared to defend against more sophisticated cyberattacks, says Thomas Curry, the federal comptroller of the currency. "The financial-services industry is one of the more attractive targets for cyberattacks, and, unfortunately, the threat is growing," Curry said Wednesday. "... It's important to remember that cybersecurity is a safety and soundness issue, and more specifically, an example of operational risk."

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