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How Banks Can Fight Mounting Cyber Threats: Pawlenty
May 7, 2014

Banks and financial companies must "remain vigilant" against data breaches and other threats, and "there's still a lot of work to be done" to get more cybersecurity help from the government, according to Financial Services Roundtable CEO Tim Pawlenty. In this interview, Pawlenty discusses how his trade group is working with banks, retailers, regulators and legislators to improve the industry's response to hacker attacks.

Comments (1)
Terrific messages from Tim Pawlenty. We must also recognize that preparation does not just include cyber defense, but it includes a standing communications platform for all key constituents when a cyber attack is successful. Despite the best defense, data will be compromised, and preparing a shelf-ready communication plan in advance should now be viewed as a fiduciary responsibility for all banks.
Posted by Mike Clement | Thursday, May 08 2014 at 8:26AM ET
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