FS-ISAC and Europol Partner to Combat Cross-Border Cybercrime

guest · Sep 19, 2019

FS-ISAC and Europol Partner to Combat Cross-Border Cybercrime
Reducing cyber-risk in the financial system through intelligence sharing
September 19, 2019
https://www.infosecurity-magazine.com/news/fsisac-europol-partner-crossborder/

The Financial Services Information Sharing and Analysis Center (FS-ISAC) and Europol’s European Cybercrime Centre (EC3) have announced a partnership to combat cybercrime within the European financial services sector.

The FS-ISAC is an industry consortium dedicated to reducing cyber-risk in the global financial system, and the EC3 protects European citizens, business and governments from online crime.
The Memorandum of Understanding (MOU) between the two will aim to facilitate and enhance the law enforcement response to financially motivated cyber-criminals targeting banks and other financial institutions through a symbiotic intelligence sharing network.

“Cyber-criminals are increasingly targeting financial services and institutions to the cost of citizens and businesses across the EU,” said Steven Wilson, head of EC3. “It is crucial to bring key stakeholders around the table to improve the coordinated response; this MOU with FS-ISAC builds a platform to allow us to do exactly that.”
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Press Release: FS-ISAC and Europol Partner to Combat Cross-Border Cybercrime

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