The Financial Services Information Sharing and Analysis Center (FS-ISAC), a US-based non-profit organisation dedicated to identifying and fighting security threats faced by the global financial services sector, has announced the launch of a new group to share threat information among financial institutions.
CERES (Central banks, Regulators and Supervisory entities) Forum, which will launch on 1 July, will allow relevant business entities to share global security and resiliency information and advice; it is the first platform of its kind to provide such a wide-ranging, holistic umbrella under which to discuss and protect against cyber and physical threats, which continue to proliferate at a terrifying rate.
“Cyber threats have become increasingly frequent, complex and sophisticated,” said Bill Nelson, FS-ISAC President and CEO. “The sharing of information and best practices among authorities in a timely way to address the rapidly evolving threats is critical. Today, there is no dedicated forum or system for regulators, central banks and supervisors to share information on cyber and physical threats. The CERES Forum will bridge that gap with a platform that facilitates secure sharing of information about threats, vulnerabilities and incidences to stay ahead of crime.”