You don’t need a weatherman
To know which way the wind blows –B. Dylan
From: American Banker
Shamoil Shipchandler, David Ball, and Daniel Meyers
Buckle up, bankers: cybersecurity is about to be regulated. Evidence for this conjecture can be found in recent speeches by New York banking regulator Benjamin Lawsky, who announced in October the possible imposition of new, strict cybersecurity rules for financial institutions. Banks could be required to appoint chief information security officers and to undergo quarterly tests for information system vulnerabilities under the regime.