New York University's Polytechnic Institute is working with several leading U.S. banks to create a center designed to detect potential cyber attacks.

"The banks would provide information to the center, which would analyze the data and alert the banks when it detects suspicious activity, according to a report by the Wall Street Journal," Infosecurity reports.

"In addition, Bank of America is holding quarterly roundtables of financial security experts in which the experts discuss cooperative solutions to cyberattacks, according to the newspaper," the article states.

Go to "US banks teaming with NYU to set up cybersecurity center" to read the details.

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