US Treasury to play key role protecting finance IT infrastructure
US Treasury Department said it would work to develop and spread best practices based on the "highest" cybersecurity standards Washington (AFP) The US Treasury Department said Saturday it will play a "leading role" in protecting the global financial system's IT infrastructure. The statement came as a massive wave of weekend ransomware attacks struck banks, hospitals and government agencies in dozens of countries around the world. "These global cyberattacks highlight the real world consequences of technological vulnerabilities," a senior US Treasury Department officials told reporters on the return flight from the G7 gathering of financial chiefs in Bari, Italy. US Treasury Secretary Steven Mnuchin "has made protecting America's financial infrastructure from cyberattacks a top priority." The Treasury Department "will continue to work across agency and with international partners to develop and spread best practices based ...