InvestorsHub Logo
Followers 8
Posts 4298
Boards Moderated 0
Alias Born 04/14/2016

Re: foxtrader post# 105703

Friday, 10/21/2016 3:33:05 PM

Friday, October 21, 2016 3:33:05 PM

Post# of 235076
I am in the cyber security sector for financial institutions. The purposed "sweeping" regulations will only affect banks with 50billion in assets or more, and only require banks to have a cyber security strategy approved by their board of directors.

It literally has 0 impact on strikeforce. As much as I would like it to mean something it doesn't.

I can tell you that financial institutions that are regulated by the FED or FDIC will not be able to utilize strikeforce as part of their cyber security approach. We have to do DD on any software vendor we use and one in stinky pinky land will get you in trouble with regulators.