Financial institutions of all sizes can use a new Cybersecurity Profile tool to help them comply with a variety of regulations and implement the NIST Cybersecurity Framework, says Denyette DePierro of the American Bankers Association.
In a video interview at Information Security Media Group's recent Legal & Compliance Summit in New York, DePierro also discusses:
Difficulties in setting risk management priorities, especially at smaller organizations;
The implications of the California Consumer Privacy Act and the EU's General Data Protection Act;
Moving from a focus on compliance to a risk management approach.
Denyette DePierro is vice president and senior counsel at the Center for Payments & Cybersecurity, American Bankers Association. She focuses on the state, federal and international regulation of technology, cybersecurity, privacy, data security, as well as emerging trends in banking, including fintech, blockchain, internet of things, artificial intelligence and social media. Previously, she was legislative counsel at the Independent Community Bankers of America and the California Independent Bankers.Original