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US banks to communicate with each other faster cyber threat
A number of major US banks go together to deploy a security platform that can communicate the member financial institutions in cyber threats faster with each other. The response could be in incidents of a few hours down to a few seconds.
Most US banks competed mostly at the individual level against cybercrime and hackers so got the opportunity to banks to fall one by one. In response developed by businesses FS-ISAC and the so-called DTCC Soltra Edge platform. The response of banks could be lowered by at threats Soltra Edge averaging seven hours to a few seconds, so writes The Wall Street Journal. Is the security platform about a year to and from 2 December the service should be able to use.
The measure follows closely on the hack of US bank JP Morgan. Hackers would the data of about 83 million customers have won and would deal with it one of the largest data breaches in history. Soltra Edge should remember to help avoid such incidents in the future. Sixteen banks would participate in the project, including the major banks JP Morgan and Citigroup Inc.
According to the participating banks Soltra Edge is not a system that guarantees the safety, because it would only be part of a larger package of precautionary using banks. And security measures are Would JP Morgan would like to double in the coming years. The budget for cyber securityViewing:-156
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