Kelly, Himes Seek Greater Action to Protect U.S. Banks & Account Holders from Cyberattacks
Washington, DC – Today, Congresswoman Robin Kelly (D-IL), ranking member of the Oversight and Government Reform Subcommittee on Information Technology, and Congressman Jim Himes (D-CT), ranking member of the Intelligence Subcommittee on the NSA and Cybersecurity, wrote to U.S. Treasury Secretary Steve Mnuchin to highlight the increase in cyber-attacks against American financial institutions by state-actors, including North Korea and Russia.
The Kelly-Himes letter argued: “As Congress continues to investigate our nation’s exposure to state-sanctioned cyber-attacks on critical national infrastructure including our election systems and banks, it is imperative that the Treasury Department do all it can to keep our banking sector safe from these threats.”
Recent reports have indicated that the North Korean regime under Kim Jong-Un has used funds from cyberattacks to fund its ballistic missile program
“Our nation faces a number of national security threats, including many in cyberspace. Our election systems and banking infrastructure are under direct and indirect hacking threats. The cost of these hacks is more than dollars and reputations, our very democracy and national security are on the line,” said Congresswoman Robin Kelly. “As a nation, we need strong cyber-protections and better private sector cooperation to prevent, address and eliminate cybersecurity threats, especially from state actors like Russia and North Korea.”
“The world’s battlefields and conflicts have expanded into the cyber realm,” said Congressman Jim Himes. “We must be aware that our geopolitical adversaries and rivals will take advantage of any new tool they can acquire to attack our fundamental institutions, be they democratic or financial. It falls upon every branch of our government to be vigilant against these attacks, which is why we are asking the Treasury Secretary to make security a top priority.”
The full letter is available here.