NY urges banks, companies to be on high-alert amid global tech outage

WASHINGTON (Reuters) – New York state regulators urged banks and companies to be on high-alert amid the global tech outage on Friday, saying it is monitoring institutions and market events and working with other state and federal regulators.

The New York State Department of Financial Services “reminds all regulated entities to be vigilant at this time. Threat actors have been known to launch attacks during periods when IT and security staff are distracted, especially through social engineering,” it said in a statement.

The department supervises more than 3,000 financial institutions in New York, including banks and trust companies.