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Regulator warns of 'Armageddon' cyber attack on banks
Ben Lawsky, head of New York's Department of Financial Services (DFS), said "he is considering new rules to protect against "an Armageddon-type" cyber attack that would devastate U.S. financial markets."
"We are concerned that within the next decade, or perhaps sooner, we will experience an Armageddon-type cyber event that causes a significant disruption in the financial system".
