The Federal Financial Institutions Examination Council said it hasformed a working group to further promote coordination across thefederal and state banking regulatory agencies on criticalinfrastructure and cyber security issues.
|The Cybersecurity and Critical Infrastructure Working Group willenhance communication among the FFIEC member agencies, the NCUAsaid Thursday in a release.
|The NCUA is a member of the council, which also includes theFDIC, CFPB, Comptroller of the Currency, Federal Reserve and onestate financial regulator.
|The working group will build on existing efforts to strengthenthe activities of other interagency and private sector groups, suchas the FFIEC's Information Technology Subcommittee of the TaskForce on Supervision, the Financial and Banking InformationInfrastructure Committee, the Financial Services SectorCoordinating Council, and the Financial Services InformationSharing and Analysis Center.
|These efforts are important in light of the growingsophistication and volume of cyber attacks and the globalimportance of critical financial infrastructure, the NCUA said.
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