Security as an Issue for Small Banks
Dean Anason reports in the the American Banker on the US Department of the Treasury's Michael A. Dawson and his concern that small banks must be just as vigilant as larger banks when it comes to security.
For that reason, the Treasury last month invested $2 million in the private-sector Financial Services Information Sharing and Analysis Center, or FS-ISAC. The center allows companies to anonymously share warnings of attacks in progress or potential ones, advice on defense, and fixes such as software patches. The Treasury money will help the center upgrade its technology and broaden its mission and membership.






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