Banking Regulator Announces 2 New Data Security Initiatives

The FDIC announced on May 9th, 2 new data security initiatives:

• improved software to force encryption of portable devices
• hiring of a third party to assess FDIC information technology security and privacy programs

Bloomberg BNA | FDIC Takes New Initiative on Data Security Following Breaches

Executive GOV | FDIC Plans New Security Measures After Retroactive Data Breach Report