Columbia, SC (WLTX) -- With President Obama expecting to release a cyber-security executive order on Wednesday, the SC Banking Association re-affirms the top priority of data security.
The executive order is expected to establish a cyber-security council manned by the U.S. Department of Homeland Security.
The order will draw up rules for federal agencies proposing new regulations on cyber-security, including criteria for the sharing of data between private corporations and the federal government.
Will the order effect local industries? Banking officials say it's too soon to say for sure.
"Cyber-security is very important especially in the banking business," the President of the South Carolina Bankers Association Fred Green says he believes the banking industry is one of the most secure industries when it comes to cyber security.
Green tells News 19 he is not aware of a single cyber attack where customers accounts were wiped out.
"Banks invest constantly. Constantly upgrade and improve the cyber-security systems. Constantly updating and upgrading firewalls," said Green.
One reason - Green says cyber-security is apart of the examination process within banks, adding that, the banking industry also holds educational seminars to better improve the systems that are in place.
"Continue to update and inform our members of a potential threat through the security network we've established."
While it's too soon say how or if the Presidents executive order could effect the banking industry or others here locally, Green says his association will continue to monitor all cyber-security legislation.
"We, as an industry, try to get in front of it and try to protect the bank customers," said Green.
State officials say they are moving forward with a report to protect our own state's information security.
Inspector General Pat Maley released a report in December that found many state agencies may be less than adequate in their cyber security. Today Maley tells News19 through email:
"DSIT is in process of hiring a subject matter expert to assist in developing the initial report's recommendation of a governance model and a statewide program."