Federal watchdog says Wall Street isn't prepared for a pandemic

Wednesday, 2 May 2007, 9:56 AM EST

The U.S. government's watchdog agency warned Tuesday that the country's financial markets haven't finished planning for a potential flu pandemic and recommended that federal banking and securities regulators set deadlines for completing the work.

The Government Accountability Office said in a newly released report that if securities exchanges "fail to produce fully robust plans before an outbreak — which could begin at any time — they may have insufficient time and resources to adequately prepare their staffs and customers for changes in how the organizations will operate during a pandemic."

At Computerworld.

[ Read more ]




Spotlight

(IN)SECURE Magazine issue 45 released

(IN)SECURE Magazine is a free digital security publication discussing some of the hottest information security topics. Learn about personal data bankruptcy and the cost of privacy, security and compliance, delivering digital security to a mobile world, and much more.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  
DON'T
MISS

Fri, Mar 6th
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //