Kentucky Forms Financial Cybercrime Prevention Task Force

The Kentucky Department of Financial Institutions has created a task force aimed at preventing financial cybercrime.

“The task force will help prevent cyberattacks from undermining the future integrity of the Kentucky financial system,” said DFI Deputy Commissioner Sarah Butler. “Besides helping the industry navigate changing technology and security issues, we also hope to help protect consumers from fraud.”

The task force will aim to educate the industry about cyberthreats, monitor cybercrime and cybersecurity events, respond if a breach is attempted, and cooperate with federal, state and local agencies.

DFI said the task force was actually formed in December and had its first meeting this week to put together a list of long-term issues to address.