In the aftermath of a massive hacking attack on several banks this summer, the Senate Banking Committee will hold a hearing on Wednesday about protecting the finance industry from cyber crime.
High-ranking federal officials from the Federal Bureau of Investigation, the Secret Service, the Treasury Department and the Department of Homeland Security are scheduled to appear. The meeting is expected to focus on ways that the various federal agencies can better coordinate with one another in their efforts to prevent and respond to cyber attacks in the financial sector.
Political leaders are focusing on the issue after news in August that hackers hit JPMorgan Chase JPM 2.15% and several other banks in a massive cyber attack. JPMorgan later revealed that the attack compromised the accounts of 76 million households and 7 million small businesses, though the bank has said it has found no evidence of higher than normal instances of fraud or abuse of customer information.