ThirdPartyTrust Blog

         On June 11th, Currency hosted the Changing Landscape of Cybersecurity Regulation event, in order for a set of experts to discuss the nature and implications surrounding New York’s recent financial regulations along with its possible push to national regulation. 

            The attacks of 2016 & 2017 revealed the scope of cyber warfare is limitless, that no individual, no organization and no region is impenetrable. Over these past two years, hackers have targeted a diverse array of institutions. The National Security Agency, the Federal Bureau of Investigation, and the presidential campaigns in both the United States and in France are a few of many organizations to have experienced data breaches.

                 Over the past year, cyberattacks have infiltrated hundreds of thousands of security systems, devastating government and infrastructure in more than 150 countries—including Spain’s telecommunications, Britain’s hospital system and Germany’s railways. Organization’s in the private sector aren’t left unscathed, as several Fortune 500 companies have experienced data breaches as well, such as FedEx and Nissan. Following the series of high profile attacks, organizations have become increasingly conscious of their own vulnerabilities.