New York Is Working To Prevent A Cyber-Apocalypse That Could Bring Down The Financial System

As hackers become more sophisticated and cyber attacks more routine, New York is on notice. Lucas Jackson/Reuters

Business Insider: New York is quietly working to prevent a major cyber attack that could bring down the financial system

* With a lack of leadership from the federal government, New York is one of the first states to implement new cyber regulations.
* The state is quietly working to prevent a major cyber attack that could bring down Wall Street's financial system.
* But even with the strictest cybersecurity regulations in the country, experts warn New York's efforts may still not be enough.

NEW YORK — Five months before the 9/11 attacks, US Secretary of Defense Donald Rumsfeld sent a memo to one of his advisers with an ominous message.

"Cyberwar," read the subject line.

"Please take a look at this article," Rumsfeld wrote, "and tell me what you think I ought to do about it. Thanks."

Attached was a 38-page paper, published seven months prior, analyzing the consequences of society's increasing dependence on the internet.

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WNU Editor: This is one of those situations where if it does happens .... there could be tens of millions of victims.