IBM Partners with Financial Services Industry on Threat Intel

IBM has inked a deal with the Financial Services Information Sharing and Analysis Center (FS-ISAC), to give members 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 for automated threat processing.

 “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. And, 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. 

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