“We welcome the cybersecurity framework issued today by the National Institute of Standards and Technology as directed by the Obama Administration. The framework reflects existing regulations and practices within the financial services sector. It also provides important direction to the public sector on improving cybersecurity soundness and ultimately the safety of our nation’s critical infrastructure.
“Banks and other financial services companies have made cybersecurity a top priority and are subject to the most stringent regulatory requirements. We have put in place the highest level of security among critical sectors, and become a role model sector for cooperation, effectiveness and security. We look forward to continuing to work with the Financial Services Sector Coordinating Council, the administration and Congress toward our mutual goal of protecting our nation’s critical assets.”
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The American Bankers Association represents banks of all sizes and charters and is the voice for the nation’s $14 trillion banking industry and its two million employees. Learn more at aba.com.