Cyber attacks top threat to US financial system

Sharon Thiruchelvam
28 May 2021

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Cyber attacks pose the most serious threat to US financial institutions and the system as a whole, the chief executives of four of the nation’s largest banks told Congress yesterday.

Asked by Representative Bill Huizenga of Michigan to name the biggest risk facing the financial sector, the CEOs of Citigroup, Goldman Sachs, Morgan Stanley and Wells Fargo each singled out cyber threats.

“Cyber, and specifically the potential impact on consumer data and data privacy,” said James Gorman, CEO of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]