When Enough Is Enough

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It seems that the US financial institutions just enough. They are apparently sick and tired of constant and damaging cyber attacks. So, they have decided to do something about it. It may sound as some kind of a bad joke, but of all the business entities in the world, they can certainly afford it.

So, what they have done? The Soltra is born. It comes as the direct result of a special partnership between the Financial Services Information Sharing and Analysis Center (FS-ISAC) on the one side and The Depository Trust & Clearing Corporation (DTCC) on the other side. Really impressive, indeed.

However, is it enough to ensure the adequate protection for the US finance engines? For what is worth, this is a remarkable change. It is not enough to take hands and dance in a circle hopping for the best. Yet, as soon as you join forces, resources and start information exchange you are on something serious.

The next step definitely worthy of our admiration would be to have the international financial security system launched as soon as possible. That would be something really special, wouldn’t it? If the hackers all over the world can easily unite and work together, so should we. No matter who we are and what we do.

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