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Financial Services Information Sharing and Analysis Center

From Wikipedia, the free encyclopedia
Financial Services Information Sharing and Analysis Center (FS-ISAC)
Company typeInformation Sharing and Analysis Center
IndustryFinancial services
Founded1999
MembersNearly 7,000
Websitewww.fsisac.com

The Financial Services Information Sharing and Analysis Center (FS-ISAC) is an industry consortium dedicated to reducing cyber-risk in the global financial system. Serving financial institutions and in turn their customers, the organization leverages its intelligence platform, resiliency resources, and a trusted peer-to-peer network of experts to anticipate, mitigate and respond to cyberthreats. FS-ISAC has nearly 7,000-member firms with users in more than 70 countries. Headquartered in the United States, the organization has offices in the UK and Singapore.

History

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FS-ISAC was formed in 1999 in response to the Presidential Decision Directive 63, signed by President Clinton in 1998 which mandated that public and private sectors share information about physical and cybersecurity threats and vulnerabilities to help protect the US critical infrastructure via Information Sharing and Analysis Centers (ISACs).[1] After the 9/11 attacks and in response to subsequent federal actions, FS-ISAC expanded its role to encompass physical threats to the financial sector. In recent years FS-ISAC has expanded into a global organization and has played a paramount role in leading several industry initiatives to better protect and serve the global financial services industry.[2][3][4]

References

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  1. ^ "PRESIDENTIAL DECISION DIRECTIVE/NSC-63". FAS.
  2. ^ "The Value of Information Sharing | The Clearing House". www.theclearinghouse.org. Retrieved 2017-06-21.
  3. ^ "New Financial System Analysis & Resilience Center Formed". Dark Reading. Retrieved 2017-06-21.
  4. ^ Tan, Anjelica (2017-05-10). "Will your bank be on your side if it gets hit with a cyberattack?". TheHill. Retrieved 2017-06-21.