Report: Financial-sector cyber exercise highlights value of info-sharing

Financial-sector leaders were pleased by the broad participation in a recent large-scale cyber emergency exercise, and in a new report said the endeavor highlighted the importance of a robust information-sharing process.

The financial industry has been one of the leading advocates of cyber info-sharing legislation now awaiting final action by House and Senate negotiators. However, industry leaders have flagged mandatory reporting requirements in the Senate version as a potential poison pill that imperils their support for the measure.

According...