NEW DELHI, INDIA - Media
OutReach - 20 January 2022 - FS-ISAC, the only
global cyber intelligence sharing community solely focused on financial
services, announced today the launch of its Critical Providers Program designed
to strengthen the security of the financial sector's supply chain. As critical
service providers increasingly host, connect, and protect a substantial
percentage of financial institutions' infrastructure, FS-ISAC created the
program to foster continuous collaboration and information sharing between its
member firms and their providers. This will bolster the industry's protections
and preparedness against sophisticated cyber threats.
Akamai Technologies,
Inc. (NASDAQ: AKAM), the world's most trusted solution to power and protect
digital experiences, joins the Critical Providers Program as founding member to
help facilitate a two-way dialog with the financial sector about threat
intelligence and cybercriminal tactics.
"As financial services adopt new technologies
to evolve the way they operate and serve customers, critical providers have
become both an important ally to the industry and a target for cybercriminals,"
said Teresa Walsh, Global Head of
Intelligence of FS-ISAC. "The Program will ensure our members efficiently
receive accurate and timely security information from their critical providers.
In the event of a large-scale incident, this will empower our members to act
and/or remediate expeditiously, while arming them with the pertinent
information to brief key stakeholders."
"We are honored to be a founding member of
this important program and applaud FS-ISAC for taking a leadership role in
facilitating direct communication between critical providers and the financial
sector," said Dr. Boaz Gelbord, Chief
Security Officer, Akamai. "We are looking forward to sharing what we are
seeing from the unique vantage point of our globally distributed edge platform,
listening to the members' experiences, and collaborating on ways to mitigate
current and future risks."
During a large-scale cyber incident or threat
involving the sector and its critical providers, the Program will leverage
FS-ISAC's dedicated communication channels to expedite the dissemination of
accurate information necessary to address the immediate risks and keep the
industry safe.
Note to the Editor
Critical Providers
are defined as non-financial organizations providing network infrastructure and
services that, if impacted by an incident, would in real-time interrupt a
significant amount of core financial services across the sector, in turn
impacting the public's ability to manage financial transactions.
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