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NY urges banks, companies to be on high-alert amid global tech outage
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NY urges banks, companies to be on high-alert amid global tech outage
Jul 19, 2024 9:37 AM

WASHINGTON, July 19 (Reuters) - New York state

regulators urged banks and companies to be on high-alert amid

the global tech outage on Friday, saying it is monitoring

institutions and market events and working with other state and

federal regulators.

The New York State Department of Financial Services "reminds

all regulated entities to be vigilant at this time. Threat

actors have been known to launch attacks during periods when IT

and security staff are distracted, especially through social

engineering," it said in a statement.

The department supervises more than 3,000 financial

institutions in New York, including banks and trust companies.

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