WASHINGTON (3/12/15)--U.S. Treasury Department official Amias Gerety, nominated just weeks ago by President Barack Obama to the position of assistant Treasury secretary for financial institutions, said Wednesday that he believes government and credit union interests regarding cybersecurity "are truly aligned."
|U.S. Treasury Department official Amias Gerety tells credit union leaders that while cybersecurity can seem daunting, it's not that complicated: "It begins with a conversation asking the right questions." (CUNA Photo)|
Gerety was addressing the final general session of the CUNA Governmental Affairs Conference (GAC) here--just before credit union activists attending the conference poured out of the Walter E. Washington Convention Center and up to Capitol Hill to share the credit union perspective on cybersecurity--and other key issues--with federal lawmakers.
Gerety asked his GAC audience to come away from the conference "with a bias for action" on issues surrounding cyber protections.
"You've all seen the potential for damage" from devastating gaps in cybersecurity, Gerety said citing the recent hack of Sony. The Treasury official sounded a call to action for credit unions and all sectors of the economy to collaborate on improving security.
Gerety promoted the National Institute of Standards and Technology's (NIST) voluntary framework for helping companies manage and reduce their cyber risk and its five functions:
"Cybersecurity can seem daunting, but it's not that complicated. It begins with a conversation asking the right questions," Gerety said.