Trump’s Cyber Avalanche and the Impact on U.S. Financial Institutions

Cybersecurity politicization is a reality, proving that anything can be politicized, even at great long-term cost and risk. For U.S. financial institutions, the twists and turns of the last few weeks around political promises that have quickly resulted in short-term wins for banks should be viewed with extreme caution and skepticism by financial leaders and fraud and cybersecurity teams, as new cyber risks will undoubtedly pose increasing concern and challenge for cyber resiliency and agile risk response.