From: Reuters
By Sarah N. Lynch
The top U.S. derivatives regulator said on Wednesday that his agency plans to step up scrutiny of how exchanges and clearinghouses protect themselves from cyber attacks.
“We will be focused on this issue in our examinations,” Commodity Futures Trading Commission Chairman Timothy Massad said in prepared remarks for a hearing in the Senate Agriculture Committee.
“The risk is apparent. The examples from within and outside the financial sector are all too frequent and familiar: the latest include JP Morgan, Home Depot and Target,” Massad said.
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