Europol, the European Central Bank and a group of Europe’s leading financial infrastructures to share cybersecurity threat information to safeguard consumers.
The Cyber Information and Intelligence Sharing Initiative aims to encourage collaboration and knowledge sharing to help protect the European financial system from cyberattacks.
One of the goals of the programme is to identify intelligence gaps and vulnerabilities and accelerate intelligence sharing between banks and law enforcements for a more coordinated approach to organised crime. Finally, it hopes to boost awareness of the steps financial institutions can take to protect themselves.
Europol deputy executive director of operations Wil van Gemert said, “Our economy relies on the financial system and everyone in Europe benefits from its global success. But the scale and volume of financial activity also brings serious risks of economic crime, and real opportunities for cybercriminals to defraud citizens of their savings and earnings.
“Europol is delighted to work together with the European Central Bank, ENISA and major financial infrastructures in Europe to bear on this threat.”
This initiative brings together central banks, clearing houses, stock exchanges, payment system providers and law enforcement agencies.
Those joining the initiative include the Banca d’Italia, the Banque Centrale du Luxembourg, Banque de France, De Nederlandsche Bank, the Deutsche Börse, the Deutsche Bundesbank, EBA Clearing, ENISA, EquensWorldline, European Central Counterparty N.V., Iberpay, Krajowy Depozyt Papierów Wartościowych/The Central Securities Depository of Poland, the London Stock Exchange Group, Mastercard Europe, Nasdaq Clearing, the Nationale Bank van België/Banque nationale de Belgique and Visa Europe.
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