FINSeC
The Financial Industry Networked Security Consortium (FINSeC) is a sector-driven R&D hub focusing academic expertise onto Financial Services and Banking (FS&B) security issues; a systematic development mechanism for solutions to cyber-terrorism & -security issues.
FINSeC has been envisaged as the blueprint for a "ship-yard" for security solutions, to:
  • Focus expertise onto the many financial sector, cyber-terrorism and -security issues
  • Be solution rather than profit-driven
  • Draw architects, designers, subject experts, and engineers from leading universities
  • Share, coordinate and rationalize academic, sector, vendor and government initiatives
  • Provide additional services (training, publications, etc. ) as the members demand.
    FINSeC has been embraced by some of the leading universities such as Columbia, Cornell, Stevens Institute of Technology.  FINSeC's  pilot statements of work include:
  • Building a forward-looking baseline framework to address regulatory and legal mandates
  • Developing an assessment of the many virtual boundaries security impacts
  • Providing a systematic mechanism for quantitatively measuring Security Risk
  • Creating a worm detection / remediation system capable of operating in real-time
    The FinSec Operating Model
    The FINSeC operating model optimizes project and solution delivery. FINSeC represents a framework to drive expert efforts in a timely fashion onto sector-prioritized problems. Its collaborative projects will bring benefit to the industry; with individual firms already making use of its academic expertise.
  • Status Reports
  • Presentations
  • Members
    The industry nexus for Security Research