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Stock impact report

U.S. banks on high alert for cyberattacks as Iran war escalates [BNN Bloomberg (Canada)]

INDUSTRIAL & COM UNSP/ADR (IDCBY) 
NASDAQ:AMEX Investor Relations: dictionary.com/browse/industrial
Company Research Source: BNN Bloomberg
The killing of Iranian Supreme Leader Ali Khamenei last weekend in an air strike has sparked a conflagration in the Middle East that has roiled markets globally and stoked concerns over the potential for Iran-linked cyberattacks on U.S. financial services operations. Cybersecurity has long been a top priority for the financial services industry, which operates critical U.S. infrastructure, including payments, clearing and settlement systems, as well as trading platforms and Treasury markets, making it a top target of cyberattacks, according to industry data. “The industry remains vigilant and ready to respond to cyber threats at all times, and especially when global cybersecurity risks are heightened,” said Todd Klessman, managing director for financial services cyber and technology at industry group SIFMA which runs an annual exercise to ensure financial firms can operate through significant cyber emergencies. “We continue to monitor the current situation with a focus on opera Show less Read more
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