Pennsylvania Secretary of Banking and Securities Robin Wiessmann said Tuesday a Cybersecurity Task Force has been created to help financial services businesses address cybersecurity issues and oversee the state’s financial marketplace security.
“As cybersecurity threats to businesses and institutions continue and increase, the need for the financial services industry to implement effective cybersecurity measures is more pressing than ever,”Wiessmann said. “At the Department of Banking and Securities, we are pleased to be one of the first state financial regulators to create a task force whose mission is focused on promoting cybersecurity awareness and identifying cybersecurity trends, developments, and best practices.”
The team, comprised of Department of Banking and Securities regulatory staff and department legal and information technology staff, will utilize tools and resources in an attempt to protect Pennsylvania’s digital security, reducing vulnerability to cyberattacks, minimizing damage and recovery if a breach occurs, and promoting business and consumer awareness and education.
“In addition to implementing technical measures, businesses should recognize that the weakest links in a secure system may be an employee, a vendor or even a customer,” Wiessmann said. “Businesses should train and evaluate their staff and vendors, and educate their customers, to ensure that they understand the risks presented by cybersecurity threats.”
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