Cybersecurity Resources
Here are resources for the financial industry to address critical cyber threats and improve the industry’s overall cybersecurity. Many resources…
Cybersecurity is a top priority in the financial industry to ensure the security of customer assets and information and the efficient, reliable execution of transactions within markets.
The financial industry is committed to furthering the development of industry-wide cybersecurity initiatives that protect our clients and critical business infrastructure, improve data sharing between public and private entities and safeguard customer information.
SIFMA is working with our members on a variety of cybersecurity initiatives including:
An effective and efficient cybersecurity policy is achieved most easily through harmonized, risk-based global standards that leverage extensive investments already made. The NIST Cybersecurity Framework represents a potential global standard.
Quantum Dawn is a series of cybersecurity exercises that enable financial institutions and the sector, as a whole, to practice and improve coordination with key industry and government partners in order to maintain financial markets operations in the event of a systemic cyber-attack. In November 2021, SIFMA coordinated the global industry-wide Quantum Dawn VI cybersecurity exercise.
SIFMA is actively engaged in coordinating the effort to support a safe, secure information infrastructure, with cybersecurity resources that provide security of customer information and efficient, reliable execution of transactions. We continually work with industry and government leaders to identify and communicate cybersecurity best practices for firms of all sizes and capabilities and educate the industry on evolving threats and appropriate responses.
On October 23, 2021, SIFMA announced the successful completion of the annual Industry-Wide Business Continuity Test. This critical exercise for financial operations professionals demonstrates our industry’s ability to operate through a significant emergency using backup sites, recovery facilities and backup communications capabilities across the industry. The next exercise will be held in October 2022.
In addition, we collaborate with the Global Financial Markets Association (GFMA) on operations issues of global concern within the regulatory environment including the Framework for the Regulatory Use of Penetration Testing in the Financial Services Industry, which was updated in December 2020.
page
Here are resources for the financial industry to address critical cyber threats and improve the industry’s overall cybersecurity. Many resources…
Fact Sheets and Guidelines
Quantum Dawn is a series of cybersecurity exercises that enable financial institutions and the sector, as a whole, to practice…
Industry Resources
As part of the ongoing financial industry backup site testing initiative that began in 2003, SIFMA leads an annual industry-wide…
Back to Cybersecurity
We use cookies to provide our site visitors a valuable experience as well as relevant content and services. Please carefully review our Privacy Policy and Terms of Use; by using this website, you agree to the information set forth therein.