U.S. Department of the Treasury signs cybersecurity partnership with Israel

guest · Nov 17, 2021

Department of the Treasury signs cybersecurity partnership with Israel
November 15, 2021
https://www.fedscoop.com/department-of-the-treasury-signs-cybersecurity-partnership-with-israel/

The U.S. Department of the Treasury and Israel’s Ministry of Finance have agreed to a new cybersecurity partnership to protect critical financial infrastructure and to counter the threat of ransomware.

On Sunday, the U.S. government announced the new bilateral agreement, which is included as part of a wider U.S.-Israeli task force on fintech innovation and cybersecurity.
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Through the partnership, both countries will work to develop a memorandum of understanding to support the sharing of information relating to the financial sector, including on cybersecurity regulations and threat intelligence.
The new memorandum is intended also to address staff training and cross-border cybersecurity exercises.
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According to the Treasury, the task force will also launch a series of technical exchanges on policy, regulation and outreach to support fintech innovation.
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U.S. Department of the Treasury Announces Partnership with Israel to Combat Ransomware

Partners Establish Bilateral Task Force to Support Fintech Innovation and Cybersecurity

Announcement Part of Biden Administration Efforts to Accelerate International Cooperation to Counter Ransomware
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