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Leading the Cyber Security & Continuity Program in the Israeli Financial Sector

The company coordinated and led a committee on behalf of the

Bank of Israel Governor and Minister of Finance.

 

The committee engaged in a Strategic analysis of israel's financial sector in an effort to

determine the appropriate measures needed to ensure the sector's continuity.

I can confidently say that the current national preparation to a cyber incident in the financial sector is among the highest thanks largely to EVEN DANAN.

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Gateway to national capabilities

harnessing the national capabilities to provide assistance to civilian companies. The FC3 provides, through the Israel national cyber directorate (INCD), a mechanism facilitating communication between Israel defense forces and intelligence agencies through which they can share dedicated information that may help the financial sector defend itself

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Trusted Information sharing

the most valuable, relevant and credible information for an organization in regards to cyber threats are these coming from a neighbor organization in the same ecosystem. Therefore, the existence of a trusted third party that can receive information from one organization, verify, and enrich it and then anonymize and distribute the information is a much-desired function within any eco system. This is exactly one of the FC3 roles in the Israeli financial sector.

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Exercises

the FC3 functions as a focal point and often times the initiator of organization and sector wide exercises in the realm of cyber and business continuity as it provides, on a daily basis, a "go to" body for incident handling and assistance as well as liaison to other agencies and a coordinator between organizations. 

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Free of charge and Voluntary base

membership in the center for Israeli financial organization is free and engagement with the center's activity, including information sharing, is voluntary and is not a regulatory obligation for the organizations.

(Diagram)

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