1、CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i Cross-Cutting Issues in Cybersecurity: Financial Institutions March 1, 2021 Financial institutions remain a prime target for many types of malicious actors in cyberspace. The types of data these institutions hold make them
2、 a target, in addition to their role in managing money. As a result, government and industry have security requirements for these institutions. Because many financial institutions make significant investments in cybersecurity, the financial sector as a whole may provide insights into novel attacks a
3、nd potentially cost-effective mitigation strategies. This Insight outlines the cybersecurity risk to the financial services industry and efforts by government and industry to address those risks. Financial Institutions Realms of Cybersecurity Risk Financial institutions face three broad types of cyb
4、ersecurity risk: operational, reputational, and systemic. Definitions Cybersecurity Financial Institutions A process involving the prevention of damage to, protection of, and restoration of computers, computer networks, information and communications technology, virtual systems, cyber-physical syste
