NIST and DHS signed a memorandum of understanding with the Financial Services Coordinating Council for Critical Infrastructure and Homeland Security to promote innovation to overcome cybersecurity vulnerabilities and promote better processes to benefit critical functions of the financial services industry.

Under the terms of the agreement, NIST, DHS and the coordinating committee will develop and make available cyber research and testing based on the needs of the financial services companies, which includes banks, credit unions, insurance companies and others.

Read the full story on Federal News Radio.

This story is part of Federal News Radio’s daily Cybersecurity Update brought to you by Tripwire. For more cybersecurity news, click here.

Copyright © 2024 Federal News Network. All rights reserved. This website is not intended for users located within the European Economic Area.