Financial Services Financial Services

US bank vendors' cyber exposure worries top bank executives, acting US Comptroller Hsu says

By Neil Roland
  • 04 Jun 2021 14:55
  • 04 Jun 2021 14:55
Cyber vulnerabilities at US banks’ third parties that are increasingly being used for cloud services and teleworking systems are drawing concerns from top bank executives, acting US Comptroller Michael Hsu said.
“Cybersecurity has been and will continue to be a top risk for institutions for quite some time,” he said

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Neil Roland

Senior Correspondent

Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

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