FS-ISAC, the member-driven, not-for-profit organisation that advances cybersecurity and resilience in the global financial system, today announced Cloudflare, the leading connectivity cloud company, has joined its Critical Providers Program.
With a focus on increasing threat analysis on behalf of the financial sector, this partnership will enrich FS-ISAC’s actionable insights through direct access to Cloudflare’s data and extensive global network. FS-ISAC member financial firms will gain a deeper perspective on the tools and methodologies used by threat actors so they can more proactively defend their operations.
This partnership will equip FS-ISAC member financial firms with deeper insight into threat actor methodologies and activity, enabling firms to respond more swiftly to attacks and strengthen their cyber resilience best practices. The collaboration also focuses on enabling joint research and knowledge sharing between FS-ISAC members and Cloudflare.
A dedicated communications channel between FS-ISAC members and Cloudflare will be established, facilitating secure collaboration on an ongoing basis and during active cyber incidents. Joint research and knowledge sharing are other key pillars of the partnership.
Teresa Walsh, FS-ISAC’s Chief Intelligence Officer and Managing Director, EMEA
The threat landscape evolves at breakneck speed, and macro-level visibility into emerging threat trends is critical to protecting the global financial system. Through our intelligence-sharing collaboration with Cloudflare, we’re creating a powerful feedback loop — allowing our members to accelerate response times and strengthen defences across the entire financial sector.
Grant Bourzikas, Chief Security Officer at Cloudflare
Financial services organisations and banks are critical infrastructure that underpin today’s global economy and the flow of capital that impacts the lives of individuals and businesses. Naturally, this makes them one of the most appealing targets for cybercriminals. Cloudflare’s partnership with FS-ISAC now empowers members with real-time threat intelligence that is based on the telemetry from our global network — which has about 20% of the world’s web behind it. We’re excited to partner with FS-ISAC to help CISOs ultimately gain the confidence to differentiate between noise and the most pressing issues their organisations face.