Protecting the Financial Services Industry from Cyber Threats

SIFMA, the American Bankers Association (ABA), and The Financial Services Roundtable (FSR) provide comments to the U.S. Senate Select Committee on Intelligence on the cyber threat facing the financial services industry, and how it presents a clear and present danger not only to our members and their customers but to other critical infrastructure providers relied on by our industry and our economy. The groups recommend the U.S. takes specific and coordinated action to protect the financial services industry sector and the larger business community has been recognized at the highest level in our member firms. It is critical that Congress pass threat information sharing legislation to combat today’s and stay ahead of tomorrow’s threat.