The Securities Industry and Financial Markets Association urged action again Oct. 19 on a Senate cybersecurity bill that would protect companies from liability if they share data regarding cyberthreats with the government and industry partners.
“The destruction of financial data including books and records or the disruption of our capital markets caused by a successful cyber attack would have a ripple effect across the economy and across the globe,” SIFMA President and Chief Executive Officer Kenneth Bentsen Jr. said in a letter to Senate Majority Leader Mitch McConnell (R-Ky.) and Minority Leader Harry Reid (D-Nev.). “As such, the financial services ...
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