The Latest in IT Security

Financial services, retail groups form cyber partnership

14
Feb
2014

By Emily Stephenson WASHINGTON (Reuters) – U.S. banks and retail groups announced on Thursday that they are joining forces to work on cybersecurity, a sign they are trying to move past recent squabbles over who is to blame for data breaches. The Financial Services Roundtable, Retail Industry Leaders Association and several other trade associations said the new partnership would focus on sharing more information on cyber threats and improving technology to protect consumers. Bank and retail industry groups have been at odds for years over cyber issues, but massive data breaches at Target Corp and Neiman Marcus Group LLC have made the dispute more prominent. Thats not something that the two industries are likely to agree upon, Tim Pawlenty, chief executive of the Financial Services Roundtable, said in an interview.

Comments are closed.

Categories

SATURDAY, NOVEMBER 23, 2019
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments