U.S. regulators highlighted concerns about the potential for a cyber attack that could "significantly disrupt the workings of the financial system" as they presented an annual look at the challenges facing the economic sector.The report from the Financial Stability Oversight Council, released Tuesday, cited large-scale data breaches during the past year that hit U.S. retailers and the high-profile attack that crippled computers at Sony, and stressed the need for having plans in place to respond to attacks.
U.S. regulators highlighted concerns about the potential for a cyber attack that could "significantly disrupt the workings of the financial system" as they presented an annual look at the challenges facing the economic sector.The report from the Financial Stability Oversight Council, released Tuesday, cited large-scale data breaches during the past year that hit U.S. retailers and the high-profile attack that crippled computers at Sony, and stressed the need for having plans in place to respond to attacks.
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