Tag - Sharing

Supply Chain and Ransomware Threats Drove 60% Increase in Global Cyber Intelligence Sharing Among Financial Firms

AMEX, Banco Falabella, IAG, and UBS Win Global Award for Annual Cyber Intelligence Sharing Efforts in Spanish, Portuguese, German, and French Reston, VA, (23 September, 2021) – FS-ISAC, the only global cyber intelligence sharing community solely focused on financial services, announced today that global cyber intelligence sharing among its member financial...

Supply chain and ransomware threats drove 60% increase in global cyber intelligence sharing among financial firms

Reston, VA, (23 September, 2021) – FS-ISAC, the only global cyber intelligence sharing community solely focused on financial services, announced today that global cyber intelligence sharing among its member financial firms increased by 60% in the period from August 2020 to August 2021, driven by supply chain and ransomware threats. Large scale threats resulted...

Cyber Threats Result in 60% Increase in Cyber Intelligence Sharing Among Financial Firms

FS-ISAC (The Financial Services Information Sharing and Analysis Center) has announced that global cyber intelligence sharing among its member financial firms has soared by 60% from August 2020 to August 2021, caused by supply chain and ransomware threats.  Record-breaking levels of intelligence sharing across all regions occurred due to large-scale threats. These...

“Intelligence sharing is critical to manage third-party cyber risks”- The Asian Banker

Several high-profile attacks in the last year have highlighted the risk of cyberattacks on third-party vendors to financial firms, their customers and the financial system. Security principles should be part of a robust and systematic protocol for managing these third-party risks Third-party security lapses have led to cyberattacks An attack on one vendor...