FS-ISAC casts firms championing cyber intelligence sharing efforts

Steven Silberstein, Chief Executive Officer of FS-ISAC

FS-ISAC, the member-driven, not-for-profit organization that advances cybersecurity and resilience in the global financial system, announced the winners of its second annual Global Leaders awards. The Global Leaders award honors outstanding members safeguarding the global financial system and contributing to FS-ISAC’s pillars of Intelligence, Security, and Resilience across the four regions of North America, Latin America, EMEA, and APAC.

Why is cyber intelligence sharing critical today?

This year, cybersecurity professionals from global organisations like Banco do Brasil, Jack Henry, Mastercard, and National Australia Bank (NAB) were recognized for their commitment to advancing cybersecurity and resilience in the global financial system through cross-border collaboration, cyber intelligence sharing, and defense against emerging cyber threats.

Submissions were considered by FS-ISAC subject matter experts for member contributions and narrowed down to two to three finalists per region. The FS-ISAC Board of Directors, composed of CISOs at financial firms worldwide, approved winners from each region.

“The Global Leaders awards are an excellent opportunity for us to showcase members of FS-ISAC’s trusted community of cyber professionals who are uniting to strengthen the financial services sector,” commented Steven Silberstein, Chief Executive Officer at FS-ISAC.

“The cyber threat landscape is ever-evolving, and it is only through the diligence of experts such as our winners who drive open communication and information sharing across regions that we ensure our industry continues to mature its cybersecurity and resilience capabilities.”

What were stakeholders’ thoughts on the recognition?

“The financial sector only becomes stronger the more institutions cooperate, and this is as true for the financial institutions in Latin America as it is for the US and the EU,” said Jaqueline Duarte, Cybersecurity Analyst at Banco do Brasil, Global Leaders winner for Latin America.

“Brazilian institutions have been a key player working with the FS-ISAC community, showing the strength of our market and our eagerness to support our counterparts across the globe.”

“Preparation through training and exercises are vital to defending against impending cyber incidents and some of the most effective ways to strengthen internal defenses,” said Mark Cooke, Cyber Security Manager at Jack Henry, Global Leaders winner for North America.

“Exercises develop muscle memory and concrete response procedures, and it is vital that all types of financial firms participate to boost the resilience of the sector. We are honored to be recognized for our contributions to resilience by FS-ISAC,” Mark Cook further said.

“Mastercard is a proud supporter of the FS-ISAC community in EMEA, as we firmly believe that greater resiliency comes from the active sharing of best practices and actionable cyber threat intelligence. We are happy to be a part of this community and honored to be recognized for our dedication to the sector,” said Derek Pillar, Cyber & Physical Security Manager at Mastercard, Global Leaders winner for EMEA commenting on the recognition.

“NAB has invested a lot in the readiness and resilience of not just our firm, but the financial sector as a whole. Cyber threats constantly evolving and sharing intelligence across the industry is crucial to developing solutions to keep our firm safe. I am delighted to receive this recognition, as it is the indicator of the value of that collaboration,” said Jorell Magtibay, Manager, Threat and Vulnerability Intelligence at NAB, Global Leaders winner for APAC.