The Financial Services Information Sharing and Analysis Center (FS-ISAC) announced in a statement Monday the launch of the CERES (CEntral banks, REgulators and Supervisory entities) Forum effective July 1, 2018.
According to FS-ISAC, the CERES Forum is an information-sharing group for central banks, regulators and supervisors to share information affecting global security. It is the first platform to bring together these specific entities to guard against cyber and physical threats and to meet their needs.
“Cyber threats have become increasingly frequent, complex and sophisticated,” said Bill Nelson, FS-ISAC president and chief executive officer. “The sharing of information and best practices among authorities in a timely way to address the rapidly evolving threats is critical.”
The new forum is separate from the FS-ISAC community of private financial institutions. A new standalone secure portal will ensure FS-ISAC member confidentiality.
The statement outlined the mission of the CERES Forum, which is to provide central banks, regulators and supervisors the means to:
- Share best practices related to regulatory and compliance controls
- Gather useful feedback from industry about which controls are most effective
- Distribute rapidly information on cyber threats, vulnerabilities, incidents and other threat intelligence that could impact financial services, including attacks that target central banks, regulators and supervisors themselves.
For more information on the CERES Forum and how to join the community, visit fsisac.com/CERESForum.