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WBA Announces Incident Response Program to Bolster Cybersecurity for Member Banks

The FBI has reported that more than 4,000 cyber incidents occur, on average, each day. These incidents—breach, ransom ware, data privacy, etc.—can immediately disrupt operations and affect the bank’s bottom line and valuable reputations.

To mitigate against such incidents, the WBA has assembled an Incident Response Program (IRP) Team comprised of four complementary cyber security professionals.