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National Crime Agency to feed UK banks real-time cyber-alerts


From: InfoSec News <alerts () infosecnews org>
Date: Fri, 26 Sep 2014 11:40:49 +0000 (UTC)

http://news.techworld.com/security/3574033/national-crime-agency-to-feed-uk-banks-real-time-cyber-alerts/

By John E. Dunn
Techworld
26 September 2014

Britain’s banks are to start using a new alerting system that will make it easier for a range of police and government agencies to warn its members of of cyberattacks and frauds in real time.

Going live in early 2015 in partnership with BAE Systems Applied Intelligence, the Financial Crime Alerts Service (FCAS) cloud portal will be anchored by the National Crime Agency (NCA) with 11 other domestic and international organisations also feeding this information.

The focus of the online system will be cyberattacks and electronic crime on banks but other threat types will include terrorist financing, money laundering, financial fraud, and strategic analysis.

Bank staff will be able to run custom searches through the cloud system as well as receive automatic alerts when specific types of threat daya enter the system.

[...]

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