Lawsky Proposes New Cybersecurity, Money-Laundering Rules For Banks – WSJ

Benjamin M. Lawsky, New York’s Superintendent of Financial Services, said in a speech that his office is considering requirements that senior bank executives personally attest to the adequacy of their anti-money-laundering systems. He also wants banks to receive warranties from third-party vendors that those providers have cybersecurity protections in place, among other requirements.

via Lawsky Proposes New Cybersecurity, Money-Laundering Rules For Banks – WSJ