Press Releases

FSR Launches FinTech Collaborators Program

June 6, 2016

FSR today launched a new Tech Collaborators Program to bring together leaders from the financial and technology industries to envision the long-term future of the financial industry and to collaborate on innovative FinTech projects.

FSR, Financial Trades Encourage Congress to Pass National Data Security Legislation to Protect Consumers

May 23, 2016

This week, FSR and several other financial trade associations are making a push to encourage Congress to pass a data security bill that would protect consumers from data breaches. The groups are calling on Congress to pass the Data Security Act of 2015 (H.R. 2205, S.961), a bill with strong bipartisan support, requiring all entities to protect consumer data as part of a data breach notification law.

FSR: NIST Cybersecurity Framework is the ‘Rosetta Stone’ of Cross-Sector Cyber Defense for U.S. Companies

February 25, 2016

The Financial Services Roundtable FSR, as part of the Financial Services Sector Coordinating Council (FSSCC), recently commended the substance of the NIST Cybersecurity Framework and requested that government regulators use its taxonomy and similar processes when developing any subsequent cybersecurity requirements for the financial services industry.

The comments were submitted in a letter responding to NIST’s Federal Register request for information regarding the NIST Cybersecurity Framework. The Framework has successfully created common “Rosetta Stone-like” standards for U.S. companies to assess their cybersecurity risk management and can be understood from the operations floor to the corporate boardroom.