Italian banks set up cybersecurity response team, Certfin
Italy’s banking sector joins forces to fight cybercrime
The Bank of Italy, the Italian Banking Association and the ABI Lab Consortium have signed an agreement to set up Certfin – “a highly specialised Computer Emergency Response Team (CERT) for Italy’s financial sector”.
The new cybersecurity team will work “to prevent and combat cyber threats linked to the development of new technologies and to the digital economy”, the organisers say.
“It will be tasked with collecting statistics, information and reports and analysing all the phenomena linked to cybersecurity, enabling banking and financial operators in Italy to exchange information effectively and, at the same time, offering them a series of tools and services to further strengthen security safeguards.”
The collaborative effort and the exchange of information will “benefit the country as a whole”, state the founders.
From January 2017, Certfin will be gradually bringing to market a range of services to banks and financial institutions, “with the aim of delivering all services required by the international standards within two years”.
It will also liaise with other orgnisations, in line with the National Strategic Framework for the Security of Cyberspace.
Participation in Certfin is open to all operators in the sector: banks, payment service providers, financial intermediaries, market infrastructures and companies, IT and internet infrastructure providers, insurance firms and other sector authorities.
Strategic and managerial decisions will be made by a Strategic Committee chaired by the Bank of Italy and ABI.
Services will be coordinated by an operational unit overseen by ABI Lab and made available to members on a co-operative basis.
