Two GAO Reports Detail Deficiencies and Improvements in Thwarting Cyber Crimes

The Government Accountability Office (GAO) recently issued two reports on battling cyber threats that are useful for both private and public entities. The first report, issued July 2, 2015, was entitled Cybersecurity: Bank and Other Depository Regulators Need Better Data Analytics and Depository Institutions Want More Usable Threat Information. In that report, the GAO noted that while, “[d]epository institutions obtain cyber threat information from multiple sources, including federal entities such as the Department of the Treasury (Treasury)[,] [r]epresentatives from more than 50 financial institutions…
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