SIFMA and Other Associations Submit Comments to House of Representatives on Cybersecurity

SIFMA, along with 14 other financial services trade associations (the "Associations"), provided comments to the U.S. House of Representatives commending them for their commitment to enhancing cybersecurity, and for their efforts to pass cyber threat information-sharing legislation.

According to the Associations, the existing bodies of law and regulation "do not do enough to foster information sharing or to establish clear lines of communication with the various government agencies responsible for cybersecurity." The Associations emphasized that it is critical for Congress to pass threat information-sharing legislation to address the challenges and threats within the financial services industry.

See: Associations' Letter.
Related news: Associations Send Letter to Senate in Support of the Cybersecurity Information-Sharing Act of 2015 (with Lofchie Comment) (April 13, 2015).