IN THE NEWS
FS-ISAC sets up global cyber forum for central banks and regulatory authorities
June 13, 2016
Central banks and regulators are to share information and intelligence on emerging cyber-threats through a new forum established under the aegis of the Financial Services Information Sharing and Analysis Center (FS-ISAC).
FS-ISAC was established in 1999 to share threats and vulnerability information among its 7000-strong community of banks, credit unions, insurance companies, investment companies and other financial institutions.
The new Ceres (CEntral banks, REgulators and Supervisory entities) group will have its own distinct portal to guard against attacks that could impact the global financial services sector and the world’s economies.
The initiative was conceptualised by the Monetary Authority of Singapore, which collaborated with FS-ISAC to establish an Asia Pacific Regional Intelligence and Analysis Centre in 2017.