New Financial Services ISAC committee to consider physical security and business continuity issues

The US Financial Services Information Sharing and Analysis Center (FS-ISAC) has announced that a new committee will focus on ‘situational readiness issues related to physical security and business continuity’. The committee will be composed of physical security and business continuity professionals from FS-ISAC member institutions.

The new committee will set the objectives and direction for a program aimed at improving the financial services ‘sector situational awareness’ as well as crisis and disaster prevention, protection, response and recovery.

The FS-ISAC has contracted with NC4 to provide program management and situational readiness support services for the committee and its members.

Information Sharing and Analysis Centers (ISACs) were initiated under the Clinton administration as a result of PDD 63 (Presidential Decision Directive). Initially they focused on cyber threats but in a post-9/11 world, physical attacks and threats have become equally important. Various critical infrastructure sectors, as defined by the Department of Homeland Security, have developed ISACs to share information and analysis of threats, vulnerabilities and incidents. The Financial Services ISAC is one of the leading ISACs in terms of membership and the value of its services and it works closely with its lead agency, the US Treasury, and its sector coordinating council, the Financial Services Sector Coordinating Council.

www.fsisac.com

•Date: 20th Dec 2006• Region: US •Type: Article •Topic: Financial services
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