Today, FS-ISAC is working with the Cyber Threat Alliance (CTA) and the two organizations have signed a working agreement to cooperate on threat intelligence, coordinate in the event of a cybersecurity emergency, and much more. The important partnership is a response to the acceleration of sophisticated cyberattacks in recent years, which simultaneously affect many countries and jurisdictions. The agreement will help promote a pan-European approach to information exchange and ensure the cross-border cooperation needed to detect, prevent and reduce cybercrime. In addition to facilitating information exchange, the agreement will also enable education and resilience through training exercises and information summits. Established in 2013, the European Cybercrime Centre (CE3) is the EU`s response to protecting European citizens, businesses and governments from cybercrime. With more than 60 experts working every day, EC3 participates in hundreds of high-level online operations that provide Member States with data analysis and support on the ground. Each year, the European Cybercrime Centre publishes the Internet Threat Assessment (CIOTA), its main strategic report on key emerging discoveries and threats and developments in the field of cybercrime. The Financial Services Information Sharing and Analysis Center (FS-ISAC) is an industry consortium dedicated to reducing cyber risk in the global financial system. Serving financial institutions and therefore its clients, the organization uses its intelligence platform, resilience resources and a network of experts that are good against the peer to anticipate, mitigate and respond to cyber threats. FS-ISAC has nearly 7,000 members with users in more than 70 countries. The organization is headquartered in the United States and has branches in the United Kingdom and Singapore. « We look forward to working with CTA to deepen the intelligence we share with our members in the financial sector, » said Steve Silberstein, CEO of FS-ISAC. Talk to bank security teams or other financial service providers and you`ll find big fans of the Financial Services Information Sharing and Analysis Center (FS-ISAC).
The CTA is a non-profit organization, powered by more than a dozen cybersecurity providers. « Cybercriminals are increasingly targeting financial services and institutions at the expense of EU citizens and businesses, » said Steven Wilson, Director of EC3.