On June 29, the Bank for International Settlements (BIS) released cybersecurity guidance for financial market infrastructures (FMIs). The BIS is an international financial organization that acts as a bank for the central banks and works to increase financial stability and foster international cooperation. The guidance focuses on increasing FMIs’ cyber resilience in order to maintain and promote stability of the financial system and broader economy, encourages collaboration with partners, and emphasizes the interdependencies of FMIs and the financial ecosystem as a whole.
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