G7 sets cybersecurity guidelines for financial sector

Tue Oct 11, 2016 10:32am EDT
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WASHINGTON Oct 11 (Reuters) - The Group of Seven industrial powers agreed to guidelines on how to protect the financial sector from cyber attacks, Japan's finance ministry said on Tuesday.

"The non-binding elements encapsulate best practices in cybersecurity for public and private financial sector entities of all sizes," the ministry said in a statement that accompanied the agreement between G7 finance ministers and central bankers.

The G7 comprises Britain, Canada, France, Germany, Italy, Japan and the United States. (Reporting by Jason Lange; Editing by Meredith Mazzilli)