My article on Help Net Security highlighting how the banking industry is leveraging their powerful lobbying groups to try and undermine the U.S. Securities and Exchange Commission 4-day cybersecurity reporting rule, which has been in place for over a year.

Their cited reasons are absurd and I fear the hidden reasoning is likely tied to managing their image during an incident and reducing negative investor sentiment — all at the cost of more victims, unfair insider trading, and less accountability for cybersecurity!

Truly shameful.

Let me know what you think!

Full Article: https://www.helpnetsecurity.com/2025/06/03/bankers-association-attack-on-cybersecurity-transparency/