After a year of prominent hackings of millions of US credit and debit cards, one of the top regulators regulators of the American financial system has said that the prospect of an “Armageddon-type cyber event” is one of the most significant issues he plans to address in the next year. New York State Department of Financial Services chief Benjamin Lawsky presides over an agency that is three years old and has pushed for harsher fines and executive accountability for banks including Standard Chartered and BNP Paribas. On Monday, Lawsky said the technological vulnerabilities of the financial system are a pressing and ... (full story)