Financial Institutions Face Potential New Cybersecurity Standards from the Fed

Recently, the Board of Governors of the Federal Reserve System has indicated it may move forward with enhanced cybersecurity standards for large financial institutions and the third-party vendors that serve them. Over on Pillsbury’s SourcingSpeak blog, colleagues Andrew L. Caplan and Curtis A. Simpson examine just what those standards might be in “The Fed May Increase Cybersecurity Standards for Large Financial Institutions and their Service Providers.”