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LAST UPDATE: June 10, 2025
Banking Groups Urge US Treasury to Improve Security After Email Hack
A coalition of major U.S. banking associations has urged the Treasury Department to strengthen cybersecurity protocols following a recent targeted email hack that exposed vulnerabilities in government communications.
Insight
The coordinated appeal underscores systemic cybersecurity risks within federal communications that could compromise sensitive financial operations. Banks advocating for improved safeguards signals private sector concern about grid-wide resilience. This may lead to enhanced Treasury guidelines, closer public-private cooperation, and increased investment in secure email infrastructure.