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TECHNOLOGY REGULATIONS FINANCIAL INSTITUTIONS CAN GET BEHIND? PREVENTING MASSIVE TECH FAILURES AND C


Source: InternationalBanker

There’s strength in unity, it’s often been said, but for the world’s banking system, the opposite might be true. “Due to the interconnectedness of the U.S. financial system, a cyber incident or failure at one interconnected entity may not only impact the safety and soundness of the entity, but also other financial entities with potentially systemic consequences,” according to three U.S. government agencies.

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