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SINGAPORE - Media OutReach - July 10,2019 - The CERES (CEntralbanks, REgulators and Supervisory Entities) Forum,established through the Financial ServicesInformation Sharing and Analysis Center (FS-ISAC), an industryconsortium dedicated to reducing cyber-risk in the global financial system,announced today that it has grown its membership to 11 members in 10 countries fromAfrica, Asia, Europe, North and South America.
Established a year ago as a forumfor central banks, regulators and supervisors, the CERES Forum plays a criticalrole in facilitating multi-lateral information sharing. This enables thefinancial authorities to rapidly detect, assess and respond to cyber threats inthe financial sector.
"Having atrusted peer-to-peer network to share critical information related to maliciouscyber-activity is key to effectively guarding against an ever-growing threatlandscape," said FS-ISAC Chief Executive Officer, Steve Silberstein. "We will continue to work withthe financial authorities to support this initiative and drive engagement withoversight institutions, as we work together to keep the members apprised ofcurrent threats, trends, best practices and solutions."
Mr. Tan YeowSeng, Chief Cyber Security Officer of the Monetary Authority of Singapore,said, "The CERES Forum has implemented a number of useful initiatives in thepast year to increase the situational awareness of members, including holdingquarterly threat conference calls and launching a mobile app to share threatintelligence. This will facilitate swift detection and response to potentialcyber threats."
"Buildingcollaboration and sharing information help strengthen Cyber Resiliencereadiness among central banks and regulators, which would also support regionaland global financial stability," said Mr. Ronadol Numnonda, Deputy Governor,Bank of Thailand.
CERES Forum is independent of FS-ISAC'smembership base and forum members have their own secure portal to shareinformation to ensure confidentiality.
To learn more about the forum,visit fsisac.com/CERESForum.
About FS-ISAC:
The Financial Services Information Sharing and Analysis Center (FS-ISAC)is an industry consortium dedicated to reducingcyber-risk in the global financial system. Serving financial institutionsand in turn their customers, the organization leverages its intelligenceplatform, resiliency resources, and a trusted peer-to-peer network of expertsto anticipate, mitigate and respond to cyberthreats. FS-ISAC has nearly7,000-member firms with users in more than 70 countries. Headquartered in theUS, the organization has offices in the UK and Singapore. To learn more, visit www.fsisac.com.
