IBM Security Helps Financial Services Accelerate Global Threat Intelligence Sharing
Partnership with Soltra and long standing relationship with FS-ISAC promotes Cyber Intelligence sharing among financial firms and other industry sectors
SINGAPORE, Oct. 12, 2015 /PRNewswire/ -- IBM (NYSE: IBM) today announced during SIBOS 2015 it is working with the financial services industry to further enhance efforts to increase collaboration and worldwide sharing of cyber threat intelligence across industries and organizations.
Members of the Financial Services Information Sharing and Analysis Center (FS-ISAC), a member-owned non-profit organization serving the financial services sector, will have access to advanced cyber threat research and analysis directly from IBM X-Force® Exchange.
FS-ISAC global membership has rapidly grown to more than 6,500 financial services institutions. FS-ISAC is also supporting other industry sharing organizations including ISACs and ISAOs such as the Oil & Natural Gas sector (ONG-ISAC), Retail Sector (R-CISC), Legal Services sector (LS-ISAO) and others.
"FS-ISAC has experienced tremendous membership growth all over the world, and we are seeing cross-border and cross-sector sharing ramp up substantially," said Kris Herrin, senior vice president global business services, FS-ISAC. "We are constantly looking for high value solutions and services to offer our members and our work with IBM Security will help us better utilize data and analytics to further automate information sharing with our global members."
IBM also announced its support of Soltra Edge™, the cyber threat intelligence sharing solution created by Soltra™, a joint venture between The Depository Trust & Clearing Corporation (DTCC) and FS-ISAC. IBM Security Services will support users of Soltra Edge within their own security operations environments while providing integration with the user's own cybersecurity tools, turning hours of manual cyber threat processing into seconds of instant analysis and action.
"Defending against today's cyber threats and attacks takes the collaboration of many industries working together," said Mark Clancy, CEO Soltra. "We see Soltra Edge as a pivotal part of a community's defense efforts and IBM's support will help activate these defenses across a broader community of firms in multiple sectors."
IBM will provide consulting and systems integration for the Soltra Edge™ threat information sharing platform for cyber intelligence automation, as well as enhanced support of Structured Threat Information Expression (STIX™) and Trusted Automated eXchange of Indicator Information (TAXII™) and Cyber Observable eXpression (CybOX™) standards. IBM is also signing on as a foundational sponsor of the OASIS Cyber Threat Intelligence (CTI) Technical Committee to help develop and promote adoption of standards that enable cyber threat intelligence to be analyzed and shared among trusted partners and communities.
Today IBM has the world's largest security services team, with more than 6,000 skilled security services professionals and a network of 11 Security Operations Centers (SOCs) located in the United States, Poland, Japan, Brazil, Belgium, India, Costa Rica and Australia. IBM manages and monitors more than 15 billion security events every day for more than 4,000 clients globally.
For more information, please visit www.ibm.com/security or visit the IBM Security Intelligence blog at www.SecurityIntelligence.com
For more information on the IBM X-Force® Exchange, please visit: http://xforce.ibmcloud.com
For more information on FS-ISAC, please visit: www.fsisac.com
For more information on Soltra™, please visit: www.soltra.com
ContactsChris Rubsamen [email protected] 1-914-319-8156
Cassy L Lalan [email protected] 1 (312) 529-9057
Logo - http://photos.prnewswire.com/prnh/20090416/IBMLOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ibm-security-helps-financial-services-accelerate-global-threat-intelligence-sharing-300157561.html
SOURCE IBM
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- IBM Transforms the Storage Ownership Experience with IBM Storage Assurance
- Short Shorts Film Festival & Asia 2024: About 270 Films Selected From 4,936 Submissions Including Official Competition Nominated Films Leading Up To The Academy Awards® Are Announced
- Kevin Kelly Salon & Real Housewives of New Jersey Star Raise Over $5,000 for Charity
Create E-mail Alert Related Categories
Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!