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ARTICLE · 07 FEBRUARY 2017

Cyber$ecurity: Recent Developments In The Protection Of Financial Data

A&O Shearman
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As cybersecurity remains in the headlines moving into 2017, we consider recent developments in public policy concerning cybersecurity in the financial services industry.

United StatesFinance and Banking
A&O Shearman
A&O Shearman
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As cybersecurity remains in the headlines moving into 2017, we consider recent developments in public policy concerning cybersecurity in the financial services industry.

Given the importance of financial sector infrastructure, sensitivity of financial information and the increasing use of technology in financial services, it is vital for the financial services industry to prioritize cybersecurity and privacy. (And the use of technology in financial services should not be thought of as only online banking and back-end computer systems, but also as innovations in financial services such as mobile payment applications, robo-advisers, peer-to-peer lending, distributed ledger technology, etc., collectively referred to as "fintech.")

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