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Payments industry faces potential ‘destructive attacks,’ Biden cybersecurity official warns

When it comes to safeguarding the U.S. payments system, the Biden administration is keenly focused on ransomware and infrastructure threats, a top cybersecurity official from the United States Department of Homeland Security (DHS) told an industry trade group yesterday.

Eric Goldstein, an executive assistant director at the department’s Cybersecurity and Infrastructure Security Agency (CISA), made the comments in a conversation with the American Transaction Processors Coalition’s cyber council. He has been in the post since February, but has experience in both the public and private sectors, including as the former head of cybersecurity policy, strategy and regulation at investment banking giant Goldman Sachs.

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