CYBER SECURITY FOR THE BANKING AND FINANCE SECTOR
VALERIE ABEND AND BRIAN PERETTI
Department of Treasury, Washington, D.C.
C. WARREN AXELROD
Bank of America, Charlotte, North Carolina
NYSE Euronext, New York, New York
KEVIN BARRY, DON DONAHUE, AND KEN WRIGHT
Depository Trust and Clearing Corporation, New York, New York
BITS, Washington, D.C.
FRANK CASTELLUCCIO, DAN DEWAAL, DAVID ENGALDO, AND GEORGE HENDER
Options Clearing Corporation, Chicago, Ilinois
The Clearing House, New York, New York
American Express Company, New York, New York
FS-ISAC, Dulles, Virginia
Securities Industry Financial Market Association, New York, New York
Financial Services Technology Consortium, New York, New York
Corporate Technology Office, Citigroup Inc., New York, New York
JENNIFER L. BAYUK
Consultant, Towaco, New Jersey
1 HISTORY OF COOPERATION
The US government and financial institutions have a long history of cooperation. The government recognized financial institutions as an integral part of the nation's critical infrastructure. As such, financial institutions are highly regulated and constantly supervised by regulatory agencies to ensure that they are able to withstand the various and increasing threats they face.
Examples of cooperation between the public and private sector in the late 1990s include preparations for the Century Date Change or “Y2K”, Preliminary Research and Development Roadmap ...