Financial Services Information Sharing and Analysis Center

Onyxia Cyber Survey Finds 60% of CISOs Measure Their Security Programs At Least Once a Month

Retrieved on: 
Tuesday, October 24, 2023
MTTR, Financial services, Financial Services Information Sharing and Analysis Center, Organization, SLA, Risk management, Risk, Chief information security officer, Ciso, MTTD, Online shopping

NEW YORK, Oct. 24, 2023 /PRNewswire-PRWeb/ -- Onyxia Cyber, the industry-leading provider of AI-driven Cybersecurity Management solutions, has released the results from a comprehensive survey of Chief Information Security Officers (CISOs), highlighting major challenges faced by security leaders as they address cyber risk at the board level. Onyxia conducted the survey, titled "Key Metrics to Defend Against Threats: The CISO Perspective," to gain a greater understanding of how CISOs are measuring and evaluating potential threats, speaking directly with over 200 CISOs across a wide range of industries in the United States and Canada.

Key Points: 
  • Some Key Findings from the Onyxia Survey Report include:
    89% of CISOs measure the maturity and performance of their full security program at least once each quarter, and more than half of CISOs measure monthly.
  • The Financial Services industry, which many expect to be ahead of the curve in security, is actually at 9.3 hours.
  • "As cyber threats continue to evolve at an unprecedented pace and regulations demand more involvement from CISOs at the board level, understanding how security leaders evaluate and measure their security programs is crucial to fortifying an organization's security posture.
  • The Onyxia survey was conducted out of a pool of 200 CISOs, with 80% residing in the United States, and 20% in Canada.

Akamai Research Finds 65% Increase in Web Application and API Attacks on Financial Services

Retrieved on: 
Wednesday, September 27, 2023
APJ, Intelligence, Hacktivism, High Stakes, PCI DSS, Attack, Financial services, API, Financial Services Information Sharing and Analysis Center, Akamai Technologies, Denial-of-service attack, Research, LFI, PCI, Growth, Assault, AKAM, Cryptocurrency, Arms industry, Online shopping

CAMBRIDGE, Mass., Sept. 27, 2023 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today released  a new State of the Internet report that explores existing and emerging cyberattacks against the financial services industry. The new report, The High Stakes of Innovation: Attack Trends in Financial Services, includes regional data as well as a look into what is driving the increased number of attacks against the sector.

Key Points: 
  • The report notes that application and API attacks in the financial services vertical grew by 65% when comparing Q2 2022 with Q2 2023.
  • The High Stakes of Innovation: Attack Trends in Financial Services report shows that financial services has surpassed gaming as the top vertical for DDoS attacks.
  • Financial services remains the most targeted web attack vertical in the Asia, Pacific, Japan (APJ) region, which experienced nearly 50% of all web application and API attacks during the reporting period.
  • "Financial services is heavily targeted by attackers with both old and new security threats," said Steve Winterfeld, Advisory CISO at Akamai.

Qrypt Appoints FS-ISAC CEO, Steven Silberstein, to Board of Advisors

Retrieved on: 
Wednesday, September 13, 2023
Software, Finance, Hardware, Data Management, Professional Services, Technology, Fintech, Security, Partnership, Lehman Brothers, Financial Services Information Sharing and Analysis Center, International Association, Oak Ridge National Laboratory, Privacy, Central Waqf Council, Advisory board, Los Alamos National Laboratory, Risk, Information system, EPFL, SunGard, FIS (company), International Association for Quantitative Finance, Cryptocurrency

Qrypt , the pioneering quantum-secure encryption company, today announced Steven Silberstein, the CEO of FS-ISAC (the Financial Services Information Sharing and Analysis Center), is joining its Board of Advisors.

Key Points: 
  • Qrypt , the pioneering quantum-secure encryption company, today announced Steven Silberstein, the CEO of FS-ISAC (the Financial Services Information Sharing and Analysis Center), is joining its Board of Advisors.
  • “It is an incredible honor to serve on the Advisory Board of Qrypt, a company at the forefront of quantum security,” said Silberstein.
  • Our critical infrastructure must start preparing for a post-quantum world and Qrypt is solving for this today.
  • “Steven will be integral in helping Qrypt protect an industry vital to the U.S. economy and the privacy of its many users through quantum security.

Dropzone AI Raises $3.5M in Seed Funding to Reinforce the Frontlines of Security Operations Using LLMs

Retrieved on: 
Tuesday, August 8, 2023
Data Management, Security, Technology, Software, Networks, Artificial Intelligence, Internet, Acceleration, Pressure, LLM, Human, ExtraHop Networks, Dropzone, CISO, Research, IDS, EDR, Machine learning, Duo, Intercontinental Exchange, Financial Services Information Sharing and Analysis Center, NYSE, Cryptocurrency, Risk management, Medical device, AI

Dropzone AI, an autonomous alert investigation platform for security operations teams, announced that it has closed on $3.5 million in seed funding, led by Decibel Partners, joined by Pioneer Square Ventures Fund.

Key Points: 
  • Dropzone AI, an autonomous alert investigation platform for security operations teams, announced that it has closed on $3.5 million in seed funding, led by Decibel Partners, joined by Pioneer Square Ventures Fund.
  • Additionally, Dropzone announced the availability of its pre-trained autonomous AI security agent, built from the ground up using the latest LLMs, that works alongside human analysts on security operations teams to handle the overwhelming work of investigating the mountain of alerts they get every day from security systems.
  • Dropzone mimics the thought process and techniques of expert security analysts to thoroughly and autonomously investigate all alerts, so human analysts can focus on higher-value security work.
  • “Hackers and defenders have been in a technological arms race for years,” said Edward Wu, founder and CEO of Dropzone AI.

Cyware Raises $30 Million to Accelerate Expansion of AI-Powered Global Cyber Fusion and Threat Sharing Networks

Retrieved on: 
Thursday, June 29, 2023
Software, Networks, Data Analytics, Artificial Intelligence, Data Management, Professional Services, Technology, Security, Emerald, TIP, Deloitte Technology Fast 500, Fortune 1000, MSSP, Certs, Intelligence, Socs, SOC, Isao Okawa, Financial Services Information Sharing and Analysis Center, Fastest, JMP, ISAC, Series, Advent International, Growth, AI, Information, Automation, SOAR, Risk management

The Series C financing comes as Cyware has experienced strong year-over-year growth propelled by robust market adoption, excellent customer retention, and extraordinarily large market access.

Key Points: 
  • The Series C financing comes as Cyware has experienced strong year-over-year growth propelled by robust market adoption, excellent customer retention, and extraordinarily large market access.
  • Since Series A financing, Cyware has shown growth of 6x and consolidated its position as an industry leader for threat intelligence automation, security orchestration, and collaborative threat response solutions.
  • Cyware’s cloud-based platform is leveraged by top Fortune 1000 and MSSP security teams to transform their legacy SOCs into Cyber Fusion Centers .
  • The Cyware platform has become the backbone of global Threat Sharing Networks .

Dragos OT-CERT Hardens Industrial Infrastructure, Supply Chain with Free Cybersecurity Resources for Small and Mid-sized Organizations

Retrieved on: 
Thursday, April 20, 2023
Software, Technology, Data Management, Security, NIST, Metal, Operational technology, Telecommunications, Feedback, Original equipment manufacturer, Electricity, City Utilities of Springfield, Dragoș, Voivode of Moldavia, RSA Conference, ICS, Organization, Civilization, Financial Services Information Sharing and Analysis Center, National Association of Manufacturers, Running, Inc., Risk, Walking, Mining, Water, Natural gas, Rockwell Automation, Knowledge, Ecosystem, Cyber Security and Information Systems Information Analysis Center, National Association, Ciso, Conference, Risk management, Medical device, Teltron tube

OT-CERT was designed to address a critical gap in securing industrial infrastructure: the lack of OT-specific cybersecurity resources readily available to the industrial infrastructure community.

Key Points: 
  • OT-CERT was designed to address a critical gap in securing industrial infrastructure: the lack of OT-specific cybersecurity resources readily available to the industrial infrastructure community.
  • The gap is especially critical among small and medium-sized businesses that often have limited in-house cybersecurity expertise and lack the financial and technical resources to address ICS/OT cybersecurity risks.
  • “Member organizations have free access to guides, templates, videos, monthly interactive working group sessions, and many other resources.
  • “Cybersecurity plays a critical role, and Dragos OT-CERT provides tools and cross-cutting knowledge among the members of the group.

Dig Security to Showcase Cloud Data Security Innovations at FS-ISAC Americas Spring Summit

Retrieved on: 
Wednesday, March 15, 2023
GDPR, Privacy, Summit, Classification, PII, TEL, Azure, Financial Services Information Sharing and Analysis Center, Organization, FTC, PCI, AWS, SOX, GCP, Snowflake, DLP, Bankruptcy, Digging, DDR, Entrepreneurship, GLBA, Cryptocurrency

TEL AVIV, Israel, March 15, 2023 /PRNewswire/ -- Dig, the cloud data security leader, today announced it will participate in the Financial Services Information Sharing and Analysis Center (FS-ISAC) Americas Spring Summit. FS-ISAC is the only global cyber intelligence sharing community solely focused on financial services. At the Summit, Dig's data security experts will demonstrate how users can gain real-time visibility, control, and protection of financial data across all public cloud environments.

Key Points: 
  • TEL AVIV, Israel, March 15, 2023 /PRNewswire/ -- Dig , the cloud data security leader, today announced it will participate in the Financial Services Information Sharing and Analysis Center (FS-ISAC) Americas Spring Summit.
  • At the Summit, Dig's data security experts will demonstrate how users can gain real-time visibility, control, and protection of financial data across all public cloud environments.
  • The Dig Data Security Platform re-invents cloud data security using data security posture management (DSPM) with data detection and response (DDR) and cloud data loss prevention (DLP).
  • For more information on Dig Security's cloud data security solutions for financial services, click here or please visit https://www.dig.security/ .

David LaFalce Joins Business Resilience Council as Chairman

Retrieved on: 
Monday, October 24, 2022
Professional Services, Business, Security, Technology, Data Analytics, Consulting, LinkedIn, DTCC, Financial Services Information Sharing and Analysis Center, Business continuity planning, Terrorism, Pandemic, The Clearing House Payments Company, John J. LaFalce, The Clearing House, Organization, Supply, ISAC, National Executive Committee of the Labour Party, Ernest Isao Murai, Twitter, Executive Committee, GRF, History, Wells Fargo, 2011 New Year Honours (New Zealand), BRC, Board, Certs, Face, Security, Weather, Management, Risk management

The Business Resilience Council ( BRC ) is pleased to announce that David LaFalce, Global Head of Operational Resilience at Wells Fargo, has joined the community as its new chairman.

Key Points: 
  • The Business Resilience Council ( BRC ) is pleased to announce that David LaFalce, Global Head of Operational Resilience at Wells Fargo, has joined the community as its new chairman.
  • As chairman, David will help lead the nonprofit group as it continues its multi-sector growth and mission to ensure operational resilience in the face of systemic threats.
  • The BRC provides members with business continuity, disaster response, and resilience information and best practices on security issues such as major weather events, pandemics, systemic cyber-attacks, geopolitical threats, civil unrest and terrorism.
  • David brings deep experience of business resilience to the BRC.

Dragos Launches OT-CERT to Address Critical Gaps in Securing Industrial Infrastructure

Retrieved on: 
Tuesday, June 7, 2022
Software, Networks, Internet, Other Manufacturing, Data Management, Technology, Manufacturing, Security, Civilization, Financial Services Information Sharing and Analysis Center, IIOT, Rockwell Automation, Original equipment manufacturer, Threat intelligence, Automation, National Association of Manufacturers, Computer security, Architecture, OT, Environment, Awareness, Government, Organization, Solution, Natural gas, Operational technology, National Association, Electricity, Risk, Industrial, NAM, Industry, Inc., Blog, OEM, ICS, Private sector, Risk management, Manufacturing, Gartner

OEM partnerships are critical to coordinated vulnerability disclosures and effective threat response to protect and support industrial infrastructure in the escalating cyber threat environment.

Key Points: 
  • OEM partnerships are critical to coordinated vulnerability disclosures and effective threat response to protect and support industrial infrastructure in the escalating cyber threat environment.
  • Dragos OT-CERT addresses a serious gap in securing industrial infrastructure: the lack of OT-specific resources readily available to the industrial infrastructure community.
  • The gap is especially critical among small and medium sized businesses that often have limited expertise and resources to address ICS/OT cybersecurity risks.
  • Dragos has a global mission : to safeguard civilization from those trying to disrupt the industrial infrastructure we depend on every day.

FS-ISAC Leads Financial Sector in Global Live-Fire Cyber Exercise Locked Shields

Retrieved on: 
Tuesday, April 19, 2022
News, CEO, Financial Services Information Sharing and Analysis Center, Public sector, Mastercard, NATO, Exercise, Cooperative Cyber Defence Centre of Excellence, United Kingdom, CCDCOE, Intelligence, Shield, Weapon, Risk management

RESTON, Va., April 19, 2022 /PRNewswire/ -- FS-ISAC, the only global cyber intelligence sharing community solely focused on financial services, announced today that it will lead the financial services sector scenario in NATO Cooperative Cyber Defence Centre of Excellence (CCDCOE) Exercise Locked Shields this year, the world's largest and most complex live-fire cyber exercise, taking place 19-22 April, 2022.

Key Points: 
  • RESTON, Va., April 19, 2022 /PRNewswire/ -- FS-ISAC , the only global cyber intelligence sharing community solely focused on financial services, announced today that it will lead the financial services sector scenario in NATO Cooperative Cyber Defence Centre of Excellence (CCDCOE) Exercise Locked Shields this year, the world's largest and most complex live-fire cyber exercise, taking place 19-22 April, 2022.
  • "Leading the financial sector scenario is a natural extension of our role in promoting information sharing and collective defense to strengthen the resiliency of the global financial system."
  • "Exercises like Locked Shields help build the muscle memory to respond to real-world cyber attacks," said Teresa Walsh, Global Head of Intelligence at FS-ISAC.
  • The Financial Services Information Sharing and Analysis Center (FS-ISAC) is the only global cyber intelligence sharing community solely focused on financial services.