Bloomberg Law
Aug. 10, 2016, 3:18 PM UTC

Big Banks Form New Group to Combat Cyber Threats

Gabe Friedman
Freelancer

In a sign of that cyber threats continue to pose a vexing problem, eight large U.S. banks are forming a new group to share information.

The new cyber sharing group — which comes after thousands of banks formed a group earlier — will include Goldman Sachs, Morgan Stanley, Bank of America, J.P. Morgan Chase, State Street, Bank of New York Mellon, Wells Fargo and Citigroup, according to the Wall Street Journal.

From the WSJ article :

While still in its early stages, the big banks expect the group members will share more information with each other about threats, prepare comprehensive responses for ...

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