Banking associations are urging for the withdrawal of a proposed cyber incident rule which could increase regulatory burden on banks. They argue that the rule is unnecessary and could lead to potential overlap with existing regulations, causing confusion and increasing costs for banks.

JPMorgan Chase & Co. CISO writes open letter to third-party suppliers
Patrick Opet, CISO at JPMorgan Chase & Co., issues an open letter to third-party suppliers, emphasizing the importance of cybersecurity practices. He stresses the need